Dec 9 (Reuters) - Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block's chief executive, Axios reported on Friday, citing sources.
The Block's employees were previously unaware of the payments, according to the report.
FTX did not immediately respond to a Reuters request for comment, while FTX's former Chief Executive Sam Bankman-Fried did not respond to a phone call and text message seeking comment.
Regulators around the globe, inclu
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In this podcast, Motley Fool senior analyst Jason Moser discusses:
How Visa and Mastercard fared in a year dominated by crypto news.
Why fortress-like balance sheets will be an even bigger asset in the new year.
Leaders he's watching in 2023.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.
10 stocks we like better than Walmart
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Bloomberg/Getty Images Fallen crypto czar Sam Bankman-Fried keeps getting tangled in more controversies. The latest one claims that he secretly funded a news outlet covering the crypto industry, and it comes mere days after it was announced that the feds are investigating him for market manipulation. First reported by Axios, Bankman-Fried covertly sent funds to Michael McCaffrey, CEO of The Block via FTX's sister company Alameda Research. Interestingly, not all of that fund was
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Welcome to AI Crypto Letter, the go-to source for all things related to digital assets and blockchain technology. Our team of professionals is dedicated to bringing you the latest news, insights, and analysis on the ever-changing world of virtual currencies. Whether you're a seasoned pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that learning is key to the success of the virtual currencies and distributed ledger industry. That's why we strive to provi
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Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and blockchain technology. Our team of specialists is dedicated to bringing you the most recent news, insights, and analysis on the rapidly evolving world of virtual currencies. Whether you're a veteran pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the cryptocurrency and blockchain industry. That's why we strive to provide our
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and blockchain technology. Our team of specialists is dedicated to bringing you the latest news, insights, and analysis on the rapidly evolving world of digital assets. Whether you're a experienced pro or just beginning your journey, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the digital assets and distributed ledger industry. That's why we strive to d
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to virtual currencies and distributed ledger technology. Our team of specialists is dedicated to bringing you the most recent news, insights, and analysis on the dynamic world of cryptocurrencies. Whether you're a experienced pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that learning is key to the success of the digital assets and blockchain industry. That's why we strive to provide
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to digital assets and blockchain technology. Our team of specialists is dedicated to bringing you the newest news, insights, and analysis on the ever-changing world of cryptocurrencies. Whether you're a veteran pro or just beginning your journey, we've got something for you.
At AI Crypto Letter, we believe that learning is key to the success of the virtual currencies and distributed ledger industry. That's why we strive to del
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to virtual currencies and blockchain technology. Our team of specialists is dedicated to bringing you the latest news, insights, and analysis on the dynamic world of digital assets. Whether you're a veteran pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the virtual currencies and blockchain industry. That's why we strive to offer our readers wit
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and distributed ledger technology. Our team of specialists is dedicated to bringing you the latest news, insights, and analysis on the ever-changing world of cryptocurrencies. Whether you're a veteran pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the virtual currencies and blockchain industry. That's why we strive to provide o
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to virtual currencies and distributed ledger technology. Our team of specialists is dedicated to bringing you the latest news, insights, and analysis on the rapidly evolving world of virtual currencies. Whether you're a veteran pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the cryptocurrency and distributed ledger industry. That's why we strive
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and distributed ledger technology. Our team of professionals is dedicated to bringing you the most recent news, insights, and analysis on the dynamic world of digital assets. Whether you're a seasoned pro or just beginning your journey, we've got something for you.
At AI Crypto Letter, we believe that learning is key to the success of the cryptocurrency and blockchain industry. That's why we strive to deliver
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and blockchain technology. Our team of experts is dedicated to bringing you the latest news, insights, and analysis on the rapidly evolving world of cryptocurrencies. Whether you're a veteran pro or just getting started, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the digital assets and distributed ledger industry. That's why we strive to provide our re
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and distributed ledger technology. Our team of experts is dedicated to bringing you the latest news, insights, and analysis on the rapidly evolving world of virtual currencies. Whether you're a seasoned pro or just starting out, we've got something for you.
At AI Crypto Letter, we believe that education is key to the success of the digital assets and blockchain industry. That's why we strive to deliver our re
...read more
Welcome to AI Crypto Letter, the go-to source for all things related to cryptocurrency and blockchain technology. Our team of experts is dedicated to bringing you the latest news, insights, and analysis on the dynamic world of cryptocurrencies. Whether you're a experienced pro or just starting out, we've got something for you.
At AI Crypto Letter, we believe that learning is key to the success of the digital assets and distributed ledger industry. That's why we strive to deliver our readers wit
...read more
