FTX Roundup: SBF Gives Interview, Missing Funds Move, and Politicians Return Donations

2022-11-30 00:57

Weeks after its collapse, FTX remains a focal point of the crypto news cycle. SBF Interview Leaked FTX CEO Bankman-Fried made headlines on Tuesday, November 29, after he gave a...

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SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption

Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX,  said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network.  SBF continued that the environmental impact of Bitcoin mining, alongside the fact that the coin is “inefficient,” would count against it […] The post SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption appeared first on CryptoSlate.

2022-5-16 18:40