FTX CEO signs up to Buffett–Gates philanthropic pledge

FTX CEO Sam Bankman-Fried has joined The Giving Pledge, the philanthropic campaign launched by Bill Gates and Warren Buffett.

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The Giving Pledge is widely regarded as a public commitment by the world’s wealthy individuals and families to give the majority of their wealth to charity. Donations can be made either during the giver’s lifetime or after death.

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The FTX chief said he believed it was his duty to do everything possible to improve the world in the long run.

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In 2018, Coinbase CEO Brian Armstrong took the Giving Pledge.

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Earlier in May, Sam Bankman-Fried entered the TIME 100 list of the most influential people of 2022 according to Time magazine. He also ranked first among crypto-industry figures listed in Forbes’ 400 richest Americans.

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