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Market Cap:
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Bitcoin Bitcoin Share: 58.63%
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The Daily Hodl
2022-11-08 07:58:31

Billionaire Sam Bankman-Fried Counters Speculation That His Crypto Empire Could Become Insolvent

Billionaire Sam Bankman-Fried Counters Speculation That His Crypto Empire Could Become Insolvent

Billionaire Sam Bankman-Fried is countering rumors that his crypto empire is relying on a balance sheet dominated by FTX Token (FTT). A purported balance sheet from Alameda Research spurred speculation that Bankman-Fried’s business relies too heavily on FTT, suggesting that the company could spiral if the value of FTT plummets. Alameda Research is the digital […]The post Billionaire Sam Bankman-Fried Counters Speculation That His Crypto Empire Could Become Insolvent appeared first on The Daily Hodl.

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