SBF started a $2 billion venture fund using Alameda loans

Quick Summary:

On January 14, 2022, former crypto mogul Sam Bankman-Fried tweeted: “First, we’re launching a $2 billion venture fund, FTX Ventures.

As a founder, it’s important to support other founders creating great companies.

Hopefully this will allow us to do that a lot more.” A noble goal, to be sure.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United States

Topics: Caroline Ellison Crypto Sam Bankman-Fried Crypto FTX Alameda Research SBF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-10-11 @ 07:41:44 (2 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 15127839

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