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Defiant Sam Bankman-Fried declares he has ‘2 weeks to raise $8b’ after FTX bankruptcy

‘I was one of the world’s greatest fundraisers; now I’m the fallen wreckage of one.’

Sam Bankman-Fried (SBF), the former chief executive of the bankrupt cryptocurrency exchange Futures Exchange (FTX), has asserted that FTX is still solvent and plans to raise money even while the formal bankruptcy procedure is underway.

“I have 2 weeks to raise $8 billion; that’s basically all that matters for the rest [of] my life.” he wrote, responding to a question about his plans.


Tom Williams/CQ-Roll Call, Inc/Getty Images.

In a Twitter chat with the Vox news reporter on Wednesday, the fallen chief showed defiance, claiming that raising $8 billion to compensate account holders is currently his top priority.

Living Planets: The Gaia Hypothesis

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Many have believed Earth might have a spirit, but Lovelock’s Gaia Hypothesis contemplates this as a scientific possibility. Could our world be alive itself?

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Credits:
Living Planets: The Gaia Hypothesis — Is Earth Alive?
Science & Futurism with Isaac Arthur.
Episode 369, November 17, 2022
Written, Produced & Narrated by Isaac Arthur.

Editors:
Lukas Konecny.

Cover Art:

Postponing the Heat Death of the Universe

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According to modern cosmology, one day all the stars will burn out and the Universe will be full of dead planets, black holes, and other stellar remnants, slowing decaying till entropy brings the Heat Death of the Universe. But could this fate be postponed or even reversed?

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Credits:
Postponing the Heat Death of the Universe.
Episode 225; Feb 13, 2020

Writers:

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