Ex-Kraken Chief Calls Out Sam Bankman-Fried for “Sociopathic” Behavior

Former Kraken CEO Jesse Powell is indignant over FTX CEO Sam Bankman-Fried (SBF)’s behavior preceding the fallout of the latter’s company. In a Twitter thread on Thursday, Powell blasted the young billionaire for recklessly tarnishing the crypto industry’s reputation.  Powell Calls Out SBF The Kraken co-founder, known as a long-time crypto veteran and believer, called this week’s events a “massive setback” for the industry.   Noting that the crypto industry is the frequent target of con artists, he said the community…

The Worst of the Crypto Crash is Probably Over: SBF

FTX CEO Sam Bankman-Fried (SBF) predicted on Monday that the worst has likely passed from the crypto industry’s latest financial meltdown. Should things get worse, SBF assured the community he still has “a few billion” dollars to support struggling firms. Speaking with Reuters, the FTX CEO said that there are still companies reaching out to his exchange asking for financial support. However, none save a few small exchanges are facing life or death scenarios. SBF’s firms have already dedicated hundreds…

Op-ed: Why Would Sam Bankman-Fried Lie About Bitcoin’s Future?

It’s one thing to hear ignorant criticisms of Bitcoin from people that don’t own any or aren’t deeply involved with crypto. It’s another, however, for billionaire crypto bros to carelessly spread the same false and outdated criticisms across the media like it's nobody’s business. Sam Bankman-Fried (SBF) – the CEO of cryptocurrency exchange FTX – is the latest of such figures. In an interview with the Financial Times last month, he suggested that Bitcoin has “no future as a payments…

Sam Bankman Fried Offers New Year’s Resolutions For Crypto Industry

Though the crypto industry has made unprecedented strides in 2021, various hurdles limit its development. Sam Bankman Fried – CEO of crypto exchange FTX – recently outlined some key issues he thinks the community should address heading into the new year. Ranging from regulation to transaction throughput, he is ready for “slow, hard work” in fleshing out a truly decentralized internet. Where We Are The young billionaire detailed his thoughts in a lengthy Twitter thread on Monday. He said it…