Former FTX CEO, Sam Bankman-Fried, has been arrested for fraud. It has come to light that he did not like Bitcoin because it could not be manipulated, was fully transparent and trackable, and was fully decentralized. Interestingly, it has been revealed that his former company FTX did not have any bitcoin at the time of bankruptcy.
The news of Sam Bankman-Fried’s arrest and his dislike for Bitcoin has caused a stir in the cryptocurrency community. Despite being a prominent figure in the industry, his negative views on Bitcoin have raised questions about his motives and actions. The transparency and decentralized nature of Bitcoin that he disapproved of are precisely the characteristics that many supporters of the cryptocurrency value highly.
This development has been covered in an article on Info On Bitcoin, highlighting the irony of a prominent figure in the cryptocurrency world being arrested for fraud and having negative views towards Bitcoin. As the story continues to unfold, it serves as a reminder of the importance of transparency and accountability in the cryptocurrency industry.
Original article published at: http://infoonbitcoin.com/sbf-did-not-like-bitcoin/
