Sam Bankman Fried Pull Out Usd 300 Million From Ftx October 2021 Usd 420 Million Fundraise Cryptocurrency

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Sam Bankman-Fried Cashed Out $300 Million During FTX’s Fundraise in October 2021

ByNews Polite November 21, 2022

FTX founder and former CEO Sam Bankman-Fried (SBF) quietly cashed out $300 million (roughly Rs. 2,430 crore) in personal stakes after a $420 million (roughly Rs. 3,410 crore) fundraising in October 2021, as per a recent report. At the time of the fundraising, Bankman-Fried told investors that the raise would…

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