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Benzinga
Benzinga
Business
AJ Fabino

Sam Bankman-Fried's FTX Isn't Taking Bad Debt: Walks Away From Celsius Acquisition

FTX Celsius Sam Bankman-Fried Cryptocurrency Crypto Mergers

FTX CEO Sam Bankman-Fried is taking a bullish stance amid the “great depression” of cryptocurrency.

Instead of joining the list of peers hedging losses by slashing workforces by upwards of 20%, FTX is on a mergers and acquisitions tear, acquiring three firms this year alone.

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