SBF Denies FTX Is Eyeing Distressed Crypto Mining Companies

Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that they aren’t really looking into the space. "Really not sure why the meme about FTX and mining companies is spreading, the actual quote was that we aren't really looking into the space."