CEO of FTX Bankman-Fried May Donate 99% Of His Wealth

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The CEO of FTX still sleeps on a bean bag, plays videos games while giving talks on Zoom, and lives with a group of friends. However, this didn’t stop him from doing the right thing. 

In February after Russia invaded Ukraine, Bankman-Fried said his crypto exchange gave away cash to all of its Ukrainian users. He also personally donated $250,000 in tether to Ukraine.

Bankman-Fried told Bloomberg he doesn’t second-guess his decision to give most of his money away. 

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“It’s not a decision that I constantly reevaluate, because I think it just doesn’t do me any good to be constantly reevaluating anything,” he said. “It doesn’t, minute to minute, feel to me like a decision anymore.”