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The Daily Hodl
2022-12-05 19:45:56

Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report

Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report

Alameda Research, the trading firm founded by the disgraced former crypto billionaire Sam Bankman-Fried, reportedly invested well over a billion dollars into a Bitcoin (BTC) mining firm. According to a report from Bloomberg, Alameda bet big on BTC mining via a $1.15 billion investment in Genesis Digital Assets, a New York-based company that has been The post Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report appeared first on The Daily Hodl .

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