Coinbase CEO Brian Armstrong Says Sam Bankman-Fried Probably Committed Fraud, Warns of More FTX Contagion – The Daily Hodl
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Coinbase CEO Brian Armstrong is weighing in on the collapse of crypto exchange FTX, saying that the firm’s CEO Sam Bankman-Fried probably committed some form of fraud during the ordeal. In a new interview on the All-In Podcast, Armstrong says he spoke to both Bankman-Fried and Binance CEO Changpeng Zhao (CZ), who briefly entertained the idea of acquiring FTX, as the collapse was unfolding. “I spoke to Sam about – he was trying to raise emergency financing and things like that, and I spoke to CZ about why he was considering buying the , I thought it was a bad
Bitcoin exchange-traded funds (ETFs) have been the subject of much debate recently. Supporters argue that bitcoin ETFs would make it easier for investors to get into the Bitcoin market. They believe that more institutional investors would invest in Bitcoin if it were available through ETFs, which could lead to increased…