FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

While FTX has extended millions of dollars to those companies, that hasn’t necessarily succeeded in bailing them out. BlockFi negotiated a deal where FTX could buy the company outright, and Voyager filed for bankruptcy earlier this month. When the Voyager deal came up during a panel discussion, Bankman-Fried laughed and shrugged off the dollars that may have been “incinerated.”