INSUBCONTINENT EXCLUSIVE:
Sam Bankman-Fried is the co-founder and CEO of cryptocurrency exchange platform FTXSam Bankman-Fried donned a suit and tie this week,
multi-billionaire on Wednesday to discuss the regulation of digital assets in his capacity as co-founder and CEO of the cryptocurrency
exchange platform FTX.Less than three years after its founding, the company was just valued at $32 billion, a capitalization that puts it
public face of crypto money, is estimated at nearly $25 billion by Forbes magazine -- placing him among the top 70 richest people on the
the online platforms where people can buy and sell crypto money and took advantage of the gaps by buying and selling digital assets at very
high frequency.The difference in prices in 2018 was 5-25 percent between American and Japanese exchanges, he said, which meant that simply
by moving assets from one platform to another he could make money."There was enormous demand for crypto coming out of Japan, and not nearly
appearances and on Twitter, where he goes by SBF, Mr Bankman-Fried has been a vocal advocate for smoother access to the crypto market for
enabled the platform to forge prestigious partnerships, including with the newly retired American football legend Tom Brady and his wife,
he maintains a spartan lifestyle, identifies with the beliefs of "effective altruism," a movement which aims to use careful analysis to
want to do as much good as possible what do you focus on," said Mr Bankman-Fried, who has pledged to give away almost all of the wealth he
neglected tropical diseases and reducing global warming.Cryptocurrencies have faced withering criticism over the argument they contribute to
Bankman-Fried said he believes the process of creating the cryptocurrency as well as the transactions will increasingly be done using
renewable energy.Aware of the staggering sums of money he's raising, Mr Bankman-Fried, who was among the largest donors to US President