After the Terra-Luna collapse sent crypto prices tumbling in May, many firms trimmed substantial parts of their workforce to stabilize their businesses. In June, for example, Coinbase laid off aroun...
Tag: Macro Analysis
Bankman-Fried says his firms may deploy ‘hundreds of millions’ to backstop struggling crypto industry
In an interview with CNBC today, FTX CEO Sam Bankman-Fried said that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms...