Was Tether at the center of Sam Bankman-Fried’s empire?
Sam Bankman-Fried founded FTX the same day that Tether’s crypto exchange launched a billion-dollar fundraise.
Sam Bankman-Fried founded FTX the same day that Tether’s crypto exchange launched a billion-dollar fundraise.
With the fallout from FTX’s collapse still being felt, there are signs that, for crypto markets, things may get worse before they get better.
Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.
SBF claimed to be a philanthropist, effective altruist, and many other things that turned out to be utterly false.
John Dalli, former EU commissioner for Health and Food Safety, is involved in a suspected Ponzi scheme, called QuickX, and other copycats.