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FTX’s Sam Bankman-Fried cashed out $300M after fundraising round: report

Por: New York Post Tech November 19, 2022

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Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round. FTX raised $420,690,000 million from 69 different investors – both numbers clear nods to meme culture – during a Series B-1 financing round completed in October 2021. Participants included investment giants such as Sequoia Capital as well as the Ontario... + full article



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