Sam Bankman-Fried Changed the Rules for FTX Employees When SRM Token Shot Up in Value – Here's What Happened
Sam Bankman-Fried (SBF) was forced to change rules for FTX employees in 2021 when their crypto profits threatened to let them retire early. As Michael Lewis wrote in his SBF-focused book “Going Infinite,” SBF used his ex...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As Michael Lewis wrote in his SBF-focused book “Going Infinite,” SBF used his exclusive power to lock up his employee’s Serum (SRM) holdings for seven years longer than initially planned, not allowing them to cash out on their paper profits....
Read More: Sam Bankman-Fried Changed the Rules for FTX Employees When SRM Token Shot Up in Value – Here's What Happened
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