Former FTX CEO, Sam Bankman-Fried, has been arrested for fraud. It is reported that he did not like Bitcoin because it could not be manipulated, was fully transparent, trackable, and decentralized. Surprisingly, his former company FTX did not possess any Bitcoin at the time of bankruptcy, raising questions about the situation.
The news of Sam Bankman-Fried’s arrest and his alleged dislike for Bitcoin has caused a stir in the cryptocurrency community. The post about his arrest on Info On Bitcoin highlights the irony of someone in the crypto industry not being a supporter of the pioneering cryptocurrency. The lack of Bitcoin holdings by FTX during the bankruptcy adds another layer of intrigue to the situation, leaving many wondering about the details surrounding the arrest.
Despite his high profile in the crypto world, Sam Bankman-Fried’s arrest for fraud and reported disdain for Bitcoin have shocked many. The implications of this news for both the industry and FTX are yet to unfold. Info On Bitcoin’s post serves as a platform for sharing updates and insights related to significant events in the cryptocurrency sphere.
Original article published at: http://infoonbitcoin.com/sbf-did-not-like-bitcoin/
