SBF’s political donations could have been aimed at influencing policy around the crypto space SBF had influence over institutional investors Sam Bankman Fried (SBF), the founder of the now-bankrupt FTX exchange, built a massive influence over crypto policy and the media. In a recent CNBC interview, Kevin O’Leary, Shark Tank and celebrity star, confirmed that […]
It is difficult to prove that user funds were involved. However, data showed that SBF had a massive impact on crypto policy and media in the US.FTX’s proposal for a derivatives exchange with an investor-facing model replaced traditional brokers with margin-generating algorithms. This model was welcomed by institutional investors. However, according to a Bloomberg, some official support came from influential individuals and firms that were compensated by FTX affiliates.
Another institutional firm, Fortress Investment Group, hailed FTX’s proposal will “protect and empower” U.S. investors, particularly retail investors. But FTX’s implosion showed how retail investor protection is elusive. at the publisher. He stated that it was “giving foot massages to a criminal”. It showed the publisher’s soft stance amidst the grave impact of SBF’s action on investors.
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FTX founder Sam Bankman-Fried ‘willing to testify’ before U.S. House panelIt was not clear if Bankman-Fried plans to testify before the U.S. House Committee in person or through a video feed
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'LOOK LIKE IDIOTS': Kevin O'Leary burned for $15M in FTX meltdownCanadian reality TV titan Kevin O\u0027Leary has admitted he was burned for $15 million in the crypto kids\u0027 FTX market meltdown.
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'LOOK LIKE IDIOTS': Kevin O'Leary burned for $15M in FTX meltdownCanadian reality TV titan Kevin O\u0027Leary has admitted he was burned for $15 million in the crypto kids\u0027 FTX market meltdown.
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