SBF, the disgraced founder of bankrupt cryptocurrency exchange FTX, personally took $300 million out of the $420 million raised in the company’s 2021 funding round, according to a report by the Wall S...
Tag: 420M
FTX Founder Banked $300M From Exchange’s $420M Funding
FTX founder and former CEO Sam Bankman-Fried reportedly got $300 million out of the $420 million raised from a funding round for the bankrupt exchange in October 2021, Wall Street Journal reported on ...
SBF Cashed Out $300M Following $420M FTX Fundraiser in 2021: Report
A new report by the Wall Street Journal claimed that the disgraced founder and former CEO of FTX took over 70% of the funds gathered from a funding round in October last year. He used the Binance buyb...
Bank of England seeks $420M funding to regulate crypto
The UK Central Bank plans to intensify scrutiny over the buzzing cryptocurrency industry. To achieve this, the institution plans a major funding drive to monitor digital assets and assess how they are...