bailout

FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

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FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

FTX co-founder and CEO Sam-Bankman Fried said he isn’t bothered by losing some money if his bailouts keep the crypto infrastructure humming. “It’s OK to do a deal that is mode...

FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

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Jul 19, 2022 at 8:44 p.m. UTC

Jul 19, 2022

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Markets

$103M Bailout Denied for Coronavirus-Hit Firms in Switzerland's 'Crypto Valley'

The finance director of Switzerland's "Crypto Valley" has been denied a request for extra assistance for blockchain and crypto startups affected by coronavirus funding drought...

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By Sebastian Sinclair

May 28, 2020 at 9:43 a.m. UTC

May 28, 2020

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Markets

UK’s Tech Bailout Could Help Blockchain Devs Weather COVID-19 Shutdown

Britain’s new “Future Fund” relief package will help tech firms, including blockchain companies like Chainvine.

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By Danny Nelson

Apr 22, 2020 at 5:00 a.m. UTC

Apr 22, 2020

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