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Semafor plans to buyout FTX ex-CEO's $10 mn investment in startup
short by Mansi Agarwal / on Thursday, 19 January, 2023
US-based media startup Semafor is planning to repurchase former FTX CEO Sam Bankman-Fried's around $10 million investment in the company, Semafor CEO told The New York Times. Earlier, some other media firms including Vox Media and ProPublica also made similar announcements. Bankman-Fried has been accused of fraud in relation to the collapse of crypto exchange FTX.
read more at Reuters