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The Latest Breaking News from Sam Bankman-Fried

Crypto billionaire’s PAC spends nearly $1 million in Illinois Democratic congressional primaries

A PAC bankrolled by crypto billionaire Samuel Bankman-Fried poured $500,065 into television ads to elect Jonathan Jackson to Congress from the 1st District.

Chicago Sun-Times

Crypto billionaire says Fed is driving current downturn

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

WEKU

Crypto is melting down. Here's who's hurt

These are gut-wrenching days if you're an investor in stocks or bonds. But things could be worse:

Los Angeles Times

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FTX CEO Sam Bankman-Fried On What's Behind The Slide In Crypto, Tech

Cryptocurrency markets have been trending lower alongside traditional markets for most of the year as rising inflation continues to spark investor fear.

Benzinga

FTX CEO Sam Bankman-Fried Predicted The Downfall Of Terra (Luna): What Investors Need To Know

The tipping point for the crypto markets was the collapse of TerraUSD (CRYPTO: UST). This stablecoin was supposed to remain at $1, however, Terra

Benzinga

Crypto Billionaire Joins Elon Musk, Bill Gates In Pledging Majority Of Wealth To Charity

Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, has pledged to give away the majority of his wealth to charitable organizations.

Benzinga

DraftKings CEO Jason Robins Calls For Crypto Centralization, Compares Sector To Early Internet Struggles

The CEO of a sports betting platform that has entered the non-fungible token market is calling for more centralization in the cryptocurrency space.

Benzinga

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FTX CEO Could Donate Up to $1 Billion for US Elections in 2024

Founder and CEO of FTX cryptocurrency exchange Sam Bankman-Fried revealed he could donate up to $1 billion in the Presidential elections of the United States in 2024, depending on which leader is running for what position.

Benzinga

FTX Chief Willing To Spend $1B On Candidate Running Against Donald Trump In 2024

Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, is willing to spend over $100 million on his preferred candidate in the 2024 election.

Benzinga

Fintech Spotlight: FTX Floating Acquisitions Of Webull, Apex And Public.com

Fresh after CEO Sam Bankman-Fried disclosed a stake in Robinhood Markets Inc (NASDAQ: HOOD), FTX reportedly is in talks regarding acquisitions with large firms including Webull, Public.com, and Apex Clearing.

Benzinga

Analyst Says Sam Bankman-Fried's Robinhood Stake Signals 'Strong Support'

FTX founder and CEO Sam Bankman-Fried’s 7.6% position in Robinhood Markets Inc (NASDAQ: HOOD) is a signal of “strong support” for the trading platform popular with retail traders, according to Ar

Benzinga

'Not All Bad Things Are The Same Bad Thing': Why Is FTX CEO Sam Bankman-Fried Comparing Luna To Netflix?

The CEO of one of the largest cryptocurrency platforms shared his take on the collapse of Terra (CRYPTO: LUNA) and the stablecoin TerraUSD (CRYPTO:

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 16

CNBC Volkswagen CEO Shares Ambitious EV Ambitions For US Market

Benzinga

Bitcoin has no future as a payments network - FTX

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticised the digital currency for its inefficiency and high environmental costs.

Bangkok Post

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Benzinga

You Ask, We Analyze: The Bull, Bear Case For Robinhood's Stock

On Thursday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Friday. From the replies Benzinga selected one ticker for technical analysis.

Financial Times

Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’

The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system

Benzinga

Robinhood Shares Surge On Investment From FTX Founder Sam Bankman-Fried

Robinhood Markets (NASDAQ: HOOD) shares are jumping higher in after-hours trading Thursday.

WEKU

Bitter feuds and crypto ties: Inside one of the most expensive Democratic primaries

The race in the newly created district has seen party infighting, mysterious ties to cryptocurrency and a complaint to the Federal Election Commission.

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Benzinga

Did Vitalik Buterin And Sam Bankman-Fried Predict Terra (LUNA) Fiasco?

Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin and FTX CEO Sam Bankman-Fried hinted at the troubles the stablecoin Terra USD (CRYPTO: UST) is facing in light of losing its peg to t

Axios

Crypto becomes a political player

Regulation of digital assets is a hot and contentious topic in Washington right now.

Tribune News Service

Tech titans want the richest Californians to pay for pandemic preparedness

SACRAMENTO, Calif. — Gabe Bankman-Fried, a former Wall Street trader, has raised $12 million from a cryptocurrency trading firm founded by his brother, Sam Bankman-Fried. Dustin Moskovitz, a billionaire who roomed with Mark Zuckerberg in college and helped found Facebook in 2004, funds a nonprofit with his wife that has…

Financial Times

Why I’m still not taking crypto seriously

It may be the latest political and financial obsession, but cryptocurrencies remain something with no inherent value

Roll Call

Biden heads to Oregon amid controversy over state's new House seat

Biden's trip to Oregon comes as a Washington super PAC's spending in a crowded House primary has made some Democrats angry with Washington.

Salon

Dems tangle over Oregon House seat

Democrats should gain a House seat in Oregon — but will Nancy Pelosi and a crypto billionaire decide who wins it?

Benzinga

A Decentralized Twitter? FTX CEO Sam Bankman-Fried Explains How It Could Happen

Sam Bankman-Fried — the young billionaire chief executive officer of major crypto exchange FTX — shared his thoughts about how a decentralized Twitter Inc. (NYSE: TWTR) could work.

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