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Sam Bankman-Fried News and Articles



CEO

FTX CEO calls for unified crypto regulation system

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Many representatives of the cryptocurrency industry periodically state that the digital asset market will grow at the expense of institutional capital. However, for the penetration of investment funds and financial companies into the crypto sphere, it is necessary to legalize it. According to the...

Sam Bankman Field crypto future

Sam Bankman-Fried Expects Regulatory Clarity for Crypto

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The founder and CEO of FTX crypto exchange, Sam Bankman-Fried, is optimistic about the future developments in the crypto environment. He finds that in 2022 the sector will see more regulatory clarity on a global scale, which will boost institutional adoption. In his recent interview with Bloomberg,...

FTX leverage reduction

FTX Changes Its Leverage Size, Making It 5 Times Lower

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Major crypto exchange FTX cut its allowed leverage, making it 20X from 100X. By doing so, the company aims to reduce risks connected to trading. Through leverage, traders borrow funds to boost their position and receive income. So, for example, 100X leverage will raise a $500 BTC position to be as...

FTX $900 M investment

Crypto Exchange FTX Attracted $900 M in Series B

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Large crypto derivatives platform FTX headed by Sam Bankman-Fried in 2018, attracted $900 M in the Series B funding phase. Thus, the company's valuation has reached $18 B compared to last year's $1.2 B. Tokyo-based international conglomerate holding company Softbank, American venture capital firm...

Sam Bankman-Fried about the BTC price

FTX CEO Sam Bankman-Fried Talked About the BTC price

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Crypto billionaire, the founder of the exchange FTX, Sam Bankman-Fried, expressed his views about the future price of Bitcoin during a recent interview with Yahoo Finance. He is sure the crypto trading trend came to stay. Sam Bankman-Fried said he would be surprised if there wasn't at least one...

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