Published 1 year ago

Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News

Summary by Ground News

Mark Yusko, CEO and founder of Morgan Creek Capital Management, believes FTX co-founder Sam Bankman-Fried (SBF) was a pawn. Yusko believes SBF and Alameda Research's Caroline Ellison worked to achieve a common goal, at the expense of the crypto industry. The Morgan Creek CEO believes decentralized finance, also known as defi, threatens traditional finance. The U.S. could risk becoming stagnant if it over-regulates the industry.

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Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News

Morgan Creek CEO, Mark Yusko, explained that it's quite possible that the FTX co-founder Sam Bankman-Fried (SBF) was merely a “pawn.”

1 year ago

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Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News

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Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News

Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry – Regulation Bitcoin News

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