
The chief executive of crypto derivatives exchange FTX says that the company still has a sizable amount of cash left to burn on acquisitions. In a new interview with CNBC’s Squawk Box, FTX CEO Sam Bankman-Fried says the firm still has about $1 billion in cash on the sidelines ready to help ailing crypto firms. […]
The post FTX CEO Sam Bankman-Fried Says Firm Still Has $1,000,000,000 in Cash Left To Deploy for Acquisitions appeared first on The Daily Hodl.
The chief executive of the FTX cryptocurrency exchange says that so far his company’s bailout efforts within the industry have achieved mediocre results. In an interview with Bloomberg, FTX CEO Sam Bankman-Fried tells host David Rubenstein that not all of his firm’s efforts to shore up ailing crypto companies have been profitable, including money spent […]
The post FTX CEO Sam Bankman-Fried Says His Crypto Bailouts Have Had Mixed Results – Here’s Why appeared first on The Daily Hodl.