ARK Invest’s Cathie Wood Accuses Former FTX CEO of Disliking BTC
Cathie Wood, CEO of management company ARK Invest, has said that the former CEO of collapsed crypto exchange FTX, Sam Bankman-Fried, “does not like Bitcoin.”
According to her:
“The Bitcoin blockchain has not faltered one iota during the crisis caused by opaque centralized players. No wonder Sam Bankman-Fried disliked bitcoin because of its transparency and decentralization.”
Wood believes that the former head of FTX did not like the inability to control BTC.
Former MicroStrategy CEO Michael Saylor has earlier said that the founder of FTX made billions on tokens that he “printed out of thin air” and issued loans to himself from client funds.