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FTX's jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: 'It's about people getting ahead on their skis'

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’

Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to famed biotech startup Theranos, in a conversation with MarketWatch. . “It’s not like Theranos,” he said. In a phone interview on Friday, Draper said he was unaware of any comparison between …

FTX’s jaw-dropping collapse had nothing to do with Theranos, says venture capitalist and crypto bull Tim Draper: ‘It’s about people getting ahead on their skis’ Read More »

'Dazzled by the money': Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse

‘Dazzled by the money’: Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse

The fall of Sam Bankman-Fried dealt an unprecedented blow to the reputation of the crypto industry – and some of that infamy may rub off on the politicians who took his money, as well as former regulators and employees. of Capitol Hill who took high-paying jobs representing digital asset companies before Congress. Bankman-Fried, founder and …

‘Dazzled by the money’: Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse Read More »