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Quick Tech News

QuickTechnics

by Alexander Fäh

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Writer's pictureAlexander Fäh

Sam Bankman-Fried in solidarity with Ukraine

Sam Bankman-Fried is probably one of the most remarkable billionaires the world has ever seen. With his generous donations he has often helped, for example, co-financing the election campaign of Joe Biden. Now he's doing his bit for Ukraine.

In image: Sam Bankman-Fried, CEO FTX; Picture: BusinessInsider

The founder of FTX, a crypto exchange, gave $25 to all users of the platform in Ukraine on February 24. His statement about it is "Do what you gotta do" in a tweet. Unfortunately, the total amount is not fully visible, as there is no data on how many people use FTX in Ukraine.

Ukraine also has by itself an official crypto address to which cryptocurrencies can be sent. This was also approved by Vitalik Buterin, Ethereum founder. To date, about $10 million has been donated in Bitcoin according to data from the blockchain.

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