- Crypto Youtuber Bitboy condemns FTX CEO, shares tweet calling him a criminal.
- FTX had recently named Coinbase while asked about the latest acquisition plan.
- SBF founded FTX in 2019 and the firm has been making acquisitions since then.
Famous Crypto Youtuber Ben Armstrong AKA Bitboy has come forward with another allegation against the FTX CEO Sam Bankman-Fried (SBF). Bitboy shared a tweet yesterday calling SBF a criminal and accusing him of wanting to control the entire crypto space.
The FTX head recently mentioned Coinbase during the Wall Street Journal’s Tech Live Conference while asked about the future acquisition plans. Bankman-Fried had shared his thoughts on acquiring Coinbase. He hinted that Coinbase has some 20x users compared to FTX and that the latter could use Coinbase’s broader appeal.
FTX was launched by billionaire and former Wall Street trader Sam Bankman-Fried in 2019 and has been making acquisitions and grabbing deals since then. FTX bought a 7.6% stake in Robinhood earlier this year. Numerous companies, including BlockFi, Bithumb, and SkyBridge Capital, have been invested in by the firm.
However, Bankman-Fried did not manage to invest in Twitter this year. According to reports, Bankman-Fried expressed a strong interest in financing during private text messages revealed in the lawsuit against Musk.
This is not the first time that the Bitboy Crypto founder has criticized the FTX CEO. Armstrong had previously condemned Bankman-Fried and admitted trying to whistleblow about his plans with regard to the BitLicense creation by Bankman-Fried in the United States. According to Armstrong, BitLicense will make decentralized transactions illegal, which he firmly disapproves of.
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