Oct. 5, 2023, 6:46 p.m. | Kate Clark

The Information www.theinformation.com

The trial of Sam Bankman-Fried is officially underway and the spotlight is back on the bankrupt crypto exchange he founded. 

Recall that FTX launched a $2 billion venture fund early last year and bought stakes in some of the top crypto companies. When FTX imploded late last year, its decision to play venture capitalist seemed like an embarrassment. But maybe those investments, which extended beyond the struggling crypto industry, will help make FTX’s creditors whole. 

billion companies crypto decision ftx fund investors recall sam sam bankman-fried save spotlight venture

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