The former chief executive officer of FTX, Sam Bankman-Fried, has declared his intention to start a new business to generate funds for investors affected by his firm’s bankruptcy.
Ripples Nigeria had previously reported that Bankman-Fried filed for bankruptcy following reports that FTX misused investors’ funds.
The investors had invested in cryptocurrency assets promoted by FTX, one of the largest handlers of the digital asset behind Binance.
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