FTX's Sam Bankman-Fried Backtracks on $1B Political Donation; Russians Face New Crypto Sanctions in the EU

Sam Bankman-Fried, the head of crypto exchange FTX, in an interview with Politico's Morning Money backtracked on his remarks that he would donate up to $1 billion in the next U.S. presidential election. Plus, crypto exchanges LocalBitcoins, Crypto.com and Blockchain.com have notified their Russian users that their services will soon be discontinued and recommended that the users withdraw funds from their accounts.

Oct 14, 2022