Photo-Illustration: Intelligencer; Photos: Tom Williams/CQ-Roll Call, Inc via Getty Images “Sam,” as he’s known to his crypto peers, seems to have a big new plan: buying up Wall Street’s plumbing.
But yesterday, Bloomberg broke the news that executives at Bankman-Fried’s exchange have been “deliberating internally” about buying up Robinhood, the online brokerage that fueled the meme-stock craze of early 2021. At first glance, there’s something of a category error here — why would the crypto guy want the meme-stock app? This crypto billionaire has long had his sights on the most rarified tranches of traditional world of finance, quipping last year that he might buy Goldman Sachs.
His background in the mechanics of how things work is really what’s key here. Traditional Wall Street is, at its core, a big, complicated series of companies that skim money as it flows through the system. . To trade even the simplest stock isn’t as simple as handing over money for a certificate of ownership in, say, Apple.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming – Bitcoin NewsIn a recent interview, FTX CEO Sam Bankman-Fried warned that some crypto exchanges are 'secretly insolvent' and may soon fail. This whole industry has turned into a bunch of cannibals and assholes constantly talking hair and spreading FUD about each other. It’s sad and a big put off for people Is he talking about FTX? Coinbase
Source: BTCTN - 🏆 531. / 51 Read more »
CoinMarketCap News, June 28: Funds from Horizon Bridge Hack Are on the Move | CoinMarketCapcryptonews June 28: Funds from Horizon Bridge Hack are on the Move, Sam Bankman-Fried buying Robinhood? 👀 More on today's crypto headlines 👇 Smart Pool additional rights: GAT interest rate rocket by 0.5%, large customer interest rate rocket by 0.2%-0.6% ttee1234531 Discover the secrets of this web3 developer's MEV strategy and start earning serious money with crypto today!
Source: CoinMarketCap - 🏆 290. / 63 Read more »
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming – Bitcoin NewsIn a recent interview, FTX CEO Sam Bankman-Fried warned that some crypto exchanges are 'secretly insolvent' and may soon fail. This whole industry has turned into a bunch of cannibals and assholes constantly talking hair and spreading FUD about each other. It’s sad and a big put off for people Is he talking about FTX? Coinbase
Source: BTCTN - 🏆 531. / 51 Read more »
Bloomberg - Are you a robot?BloombergDeals Oloid Token passive income USDT rewards
Source: crypto - 🏆 292. / 63 Read more »
FTX Rows Back on Reports That It's Looking to Buy Robinhood | CoinMarketCapSam Bankman-Fried has dialed down speculation that FTX is looking to acquire Robinhood. But a statement from Sam says: 'We are excited about Robinhood's business prospects and potential ways we could partner with them.' 👀 There are three constants in life...change, choice and principles. utopogame utopogame utopogame utopogame utopogame utopogame utopogame utopogame Is there anyone having issues with their wallet inbox me now
Source: CoinMarketCap - 🏆 290. / 63 Read more »
Bloomberg - Are you a robot?Be very careful of the $APE coin, I swear it will go down to 3 $⛔️❌📛🔻🔻 Fake news !!!!! I just read an article where Sam himself debunked this
Source: crypto - 🏆 292. / 63 Read more »