Both founders have had to deny their involvement in the Huobi Global Sale for the second time as new reports emerged on Wu Blockchain. Wu Blockchain Reports On Huobi Global Sale On Monday, crypto med...
Tag: SBF
SBF Announces FTX v2 Crypto Exchange To Launch Near Thanksgiving 2022
Sam Bankman-Fried, CEO of FTX, on Monday, announced the FTX V2 crypto exchange, which will go live near Thanksgiving on November 21. The FTX team will introduce a new order matcher, lower latency API ...
Huobi Global Buyers Could Be Justin Sun and SBF: New Reports
Over the weekend, Chinese crypto exchange Huobi Global announced that it had been taken over by an investment company, but the real backers of the deal could be a couple of the industry’s most promine...
FTX will pay fair market value for Celsius, SBF says
FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an Oct. 2 tweet. to be clear — in Voyager,...
Crypto Mogul SBF and Elon Musk Talked About Joint Twitter Purchase, Private Texts Show – crypto.news
FTX CEO and crypto billionaire Sam Bankman-Fried was contemplating partnering with fellow billionaire and Tesla CEO Elon Musk to purchase the major microblogging platform, Twitter. SBF Was To Going Co...
Crypto Asset Billionaire SBF is Eyeing Up Celsius Assets
Hot on the heels of the announcement that the former CEO of Celsius Network, Alex Mashinsky, resigned from his position as CEO is Sam Bankman-Fried (SBF)- the fellow crypto billionaire that has been b...
Zach Dexter to head FTX U.S. as the crypto exchange moves to Miami
Zach Dexter will move up from heading FTX’s U.S. derivatives unit to take over the entire operation in the wake of president Brett Harrison’s departure, a person with direct knowledge of t...
Is FTX’s SBF Back At Mass Acquiring With Latest Crypto Deal?
Crypto exchange FTX head Sam Bankman-Fried was at the centerstage of this year’s crisis in the crypto credit scene. The billionaire investor acquired stakes in various companies, handed out loans in a...
SBF Surprised by FCA’s Warning Against FTX, Says They’ve Been in Talks
Sam Bankman-Fried – Co-Founder and CEO of FTX – said the tension between his company and the top financial watchdog in the UK – the FCA – was unexpected. In his words, the two sides have been discussi...
FTX CEO SBF Disagrees With Server Downtime Amid August CPI Release
Crypto exchange FTX’s CEO Sam Bankman-Fried disagrees with any downtime in the crypto exchange during the August CPI data release. However, many traders reported that the FTX server was down as they w...
‘Everything’s Down This Year’: FTX Founder SBF
FTX Exchange’s founder and CEO Sam Bankman-Fried offered a reassuring perspective on this year’s plummet in crypto asset prices on Monday, arguing at the SALT conference in New York that the decline w...
SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital
FTX Ventures, an arm of Sam Bankman-Fried’s FTX crypto exchange, will acquire a 30% stake in alternative asset manager SkyBridge Capital, the firms announced Sept. 9. The terms of the deal were not di...
SBF loves the CFTC so much he’s hired its former commissioner
Sam Bankman-Fried and FTX US Derivatives (formerly LedgerX) announced former Commodities and Futures Trading Commision (CFTC) commissioner Jill Sommers is joining the board. Jill Sommers was origina...
FTX Ventures Will Not Merge With Alameda Research, SBF Says
The CEO of the cryptocurrency exchange FTX – Sam Bankman-Fried – said the venture capital arm of his company (FTX Ventures) will not merge with the principal trading firm Alameda Research. This comes ...
Binance CEO cautions against crypto-exchange jitters as FTX’s SBF responds
Binance CEO Changpeng Zhao has cautioned traders about the infamous practice of jitters taking place on many cryptocurrency exchanges. The remark comes on the heels of many exchanges receiving cease-a...
Crypto Tycoons SBF and Sun Are In Talks To Buy Huobi’s Major Stake
Huobi Global founder Leon Li is planning to sell a majority stake in the company in a transaction that would cost the firm $3 billion, according to a Bloomberg report published on Friday. Huobi is bas...
Huobi Seeks To Sell 60% Stake; SBF, Justin Sun In the Race
Huobi founder Leon Li is reportedly seeking to sell most of his stakes in the exchange. This deal can be valued at around $3 billion making it the largest buyout in the crypto market history. SBF to t...
Voyager Says FTX’s Buyout Offer Was Misleading “Low-Ball Bid,” SBF Fires Back
Key Takeaways Voyager’s bankruptcy lawyers have responded to FTX’s buyout proposal to purchase the exchange’s assets and give customers instant liquidity by describing the offer as h...
FTX’s SBF Seeks Federal Oversight On Crypto After Coinbase Incident
The U.S. Securities and Exchange Commission (SEC) has been a target of many crypto leaders and experts over its consideration of the nature of a “Token”. However, FTX Chief, Sam Bankman-Fried also exp...
There’s Little Reason to Think Crypto Hasn’t Bottomed: SBF
FTX CEO Sam-Bankman Fried (SBF) recently spoke with Global Macro Investor CEO Raoul Pal on the state of the macro economy, and how it pertains to crypto. He suggested that there’s a good chance the cr...
FDIC reportedly scrutinizing Voyager Digital marketing as complex SBF ties come to light
Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and lender filed for bankruptc...
SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that t...
SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears
FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported. This is coming after F...
FTX CEO SBF Acquiring Crypto Miners Next? Here’s The Truth
FTX’s CEO Sam Bankman-Fried is on an acquisition spree. After rescuing many crypto firms from insolvency risks, FTX’s U.S. subsidiary has finally entered a deal to acquire BlockFi for around $240 mill...
SBF claims smaller crypto exchanges will fail soon
FTX founder Sam Bankman-Fried told Forbes that some third-tier crypto exchanges are already insolvent and will fail soon. Bankman-Fried declined to specify these exchanges and said: “There are compani...
SBF continues acquiring stakes in competition with BlockFi talks
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SBF and Alameda step in to prevent crypto collapse
SBF rejected rumors that Alameda played a part in jeopardizing the stability of Celsius FTX announced plans to acquire Liquid shortly after providing it with funding Voyager Digital noted that its cre...
SBF and Alameda step in to prevent crypto collapse contagion
Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market. Numerous crypto companies are facing liquidity issues ...
SBF Clears the Air on Bitcoin’s Potential for Payments
FTX CEO Sam Bankman-Fried (SBF) issued another statement on Thursday regarding his opinion on Bitcoin’s scaling potential. He believes the network itself is not designed to handle massive volumes, but...
FTX’s SBF Says He Could Donate $100M to $1B on 2024 US Presidential Campaign
The CEO of cryptocurrency derivatives exchange FTX, Sam Bankman-Fried, believes he would donate anywhere between $100 million and $1 billion during the 2024 United States presidential election campaig...
SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network. SBF...