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cryptonews 2023-10-04 21:03:00

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 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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