Cathie Wood accuses Sam Bankman-Fried of not loving Bitcoin

ARK Invest chief Cathie Wood said that the former CEO потерпевшей крах FTX Sam Bankman-Fried ‘doesn’t love Bitcoin’.

The Bitcoin blockchain didn’t skip a beat during the crisis caused by opaque centralized players. No wonder Sam Bankman Fried didn’t like Bitcoin: it’s transparent and decentralized. He couldn’t control it. https://t.co/pV8UPT7cnm

— Cathie Wood (@CathieDWood) December 11, 2022

The Bitcoin blockchain didn’t tremble an inch during the crisis caused by opaque centralized players. It’s not surprising that Sam Bankman-Fried didn’t like Bitcoin because of its transparency and decentralization,\” she wrote.

In Wood’s view, the former FTX chief did not like the impossibility of controlling Bitcoin.

Earlier, MicroStrategy’s former CEO Michael Saylor slammed Bankman-Fried. In his view, the founder of FTX earned billions from tokens he ‘printed from thin air’, and borrowed against client funds.

Earlier, Binance’s Changpeng Zhao called Bankman-Fried ‘one of the greatest fraudsters in history’ and noted his ‘endless urge’ to portray those around him as ‘bad guys’, and himself as ‘the hero’.

In defense of the FTX founder, investor and Shark Tank star Kevin O’Leary weighed in. He said that considers Bankman-Fried innocent until his alleged fraud is proven.

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