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Is Sam Bankman-Fried a Modern-Day Robber Baron?

From coindesk.com

FTX CEO Sam Bankman-Fried is like a modern day robber baron in at least one way. As the digital asset industry tumbles downward in fits and starts, the titan of industry who sometimes skips lacing his shoes is thinking about ways to prevent calamity – and perhaps profit. This weekend, Bankman-Fried discussed the “responsibility” he feels to bail out crypto firms in crisis. He repeated the sentiment on Twitter, where he said the principal concern is mitigating retail losses, disclosing risks and preventing bad debts from spreading across the sector. “I do feel like we have a responsibility to seriously consider ... (full story)

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  • Category: Fundamental Analysis