Part of FTX CEO Sam Bankman-Fried’s goal in staging Crypto Bahamas is to legitimize digital assets and the companies behind them, similar to the way traditional financial institutions engender trust, he told me in an interview on Tuesday.
We spoke in Nassau ahead of the conference, which started Wednesday, in partnership with hedge fund forum SALT. The timing couldn’t be better, as Bankman-Fried caused a stir earlier this week with comments about how some decentralized finance (DeFi) projects have taken on a life of their own, sometimes straying from their original intentions.
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