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The Latest Breaking News from Sam Bankman-Fried

Top Financial Media Stories Wednesday, September 21: Amazon's Roomba Maker Acquisition Attracts Regulatory Attention, Binance And FTX Bid For Voyager Digital's Assets, Germany Nationalizes Gas Giant Uniper To Avert Energy Crisis And More..

Wall Street Journal

Benzinga

'Everything's Down' In 2022 Not Just Crypto, FTX CEO Bankman-Fried Tells Mooch

Keading cryptocurrencies are not the only investments that are down in 2022, according to FTX CEO and co-founder Sam Bankman-Fried. “Everything’s down this year because dollars are up this year,” Bankman-Fried told SkyBridge Capital founder Anthony Scaramucci at the SALT Conference this week.

Benzinga

Crypto: Two Giants Do Business in the Face of Gloom

Young crypto billionaire Sam Bankman-Fried just announced a deal with Anthony Scaramucci, Donald Trump's former top lieutenant.

The Street

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Sam Bankman-Fried Welcomes Comparisons To J.P. Morgan For Crypto Bailouts: 'I Thought Was The Right Thing For The Industry'

FTX CEO Sam Bankman-Fried shared key takeaways from the recent crypto bear market and the bailing out of companies during the time. The CEO also shares what went into what companies to support and being labeled the J.P. Morgan of cryptocurrency.

Benzinga

Are FTX And Alameda Research Merging Or Not?

There's conflicting reports about cryptocurrency exchange FTX absorbing the VC arm of its sister company Alameda Research.

Investors Business Daily

Maxwell Frost poised to go from Uber driver to first Gen Z member of Congress

ORLANDO, Fla. — At any point over the past year, anyone hailing a ride on Uber in Orlando could have had a future congressman behind the wheel.

Orlando Sentinel

Cryptocurrency Price And News Weekly Wrap-Up For Aug. 26, 2022

Get caught up on the latest cryptocurrency news, crypto ETFs to watch, the upcoming Bitcoin Depot IPO and more with a wrap-up for the week of Aug. 26.

Investors Business Daily

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The 30-Year-Old Spending $1 Billion to Save Crypto

Crypto is ailing. Sam Bankman-Fried is betting a billion dollars he can fix it.

Bangkok Post

A young crypto billionaire's political agenda goes well beyond pandemic preparedness

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

Los Angeles Times

Robinhood Has a New and Powerful Rival

The struggling Gen Z trading platform Robinhood now faces a formidable opponent. And the companies have a shareholder in common.

The Street

'My Family's Future Is Ruined': Dozens Of Voyager Digital Customers Send Letters To Bankruptcy Judge

Jacob spent six years building his cryptocurrency portfolio to 100 Ethereum (CRYPTO: ETH) — worth around $138,000.

Benzinga

Crypto: Customers of Bankrupt Lender May Get their Money Back Soon

Voyager Digital recently filed for Chapter 11 bankruptcy, victim of the liquidation of a hedge fund to which it had lent large sums of money.

The Street

A Dynamic Duo of Young Billionaires to Prevent Crypto from Collapsing

Crypto billionaires Changpeng Zhao and Sam Bankman-Fried are stepping up and seeking to 'stop the contagion.'

The Street

Crypto Price Check: Investors Are Desperate For A Positive Sign

Investors hope crypto bailouts could help to thaw the "crypto winter."

The Street

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The Street

Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders

Voyager Digital just abruptly halted fund withdrawals, while BlockFi struck a deal with a potential savior.

The Street

FTX Reportedly Close to Buying BlockFi

An acquisition could take several months to close, and the price could shift between now and Friday.

Benzinga

FTX Reportedly Shopping BlockFi At 99.5% Discount, CEO Shoots Down $25M Figure

Imagine it is March 2021, and you’re leading a funding round where you’ve raised $350 million at a $3-billion valuation. Now it’s July 2021, and you’re to raise $500 million at an almost $5 billion valuation.

Benzinga

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

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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The Street

Crypto Crash: A First Big Domino Falls...Who's Next?

Hedge fund Three Arrows Capital (3AC), which bet big on failing crypto Luna and UST, falls into liquidation.

The Street

Crypto Crash Exposes Robinhood and Coinbase To Predators

A year can be a lifetime in the cryptocurrency world as major players are reeling from heavy losses.

The Street

The Young Billionaire Who Wants to Save Crypto From Chaos

Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried.

The Street

Sam Bankman-Fried, the Young Billionaire Who Wants to Save Crypto

Since the cryptocurrency crash, embattled firms have turned to one name to avoid their collapse: Sam Bankman-Fried.

Benzinga

Some Crypto Exchanges Are 'Secretly Insolvent' And 'Too Far Gone,' FTX Chief Tells Forbes

Sam Bankman-Fried, founder and CEO of crypto exchange FTX, warns that some cryptocurrency exchanges may already be insolvent and that failures are imminent.

The Street

Crypto Warning From Within: Billionaire Says More Bad News Ahead

The crypto industry is currently undergoing a truth test that will determine which projects are viable

Chicago Sun-Times

Jonathan Jackson wins 1st District congressional race, Danny Davis leads in 7th

The son of Rev. Jesse Jackson Sr. beat 16 other Democrats, while longtime Congressman Davis defeated a progressive rival.

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