EXCLUSIVE: Sam Bankman-Fried: "The most important thing is to continue to attract users, whatever it takes".
In a lengthy interview with The Big Whale, the young boss of US platform FTX looks back at the economic climate, crypto markets, his acquisition strategy and the criticism levelled at him. Part One.
The Big Whale: The markets are not at their best. How's FTX doing? Is this the first time you've experienced a Bear Market...
Sam Bankman-Fried: Yes, this is the first real Bear Market we've been through. But you know, one of the main characteristics of crypto platforms is that our operations are no more impacted than that by the market downturn. Every day, we continue to develop the business, create services and new tools for customers. So, yes, the markets are less buoyant, things are a little tighter, but in the end, that doesn't cause us to deviate from our trajectory.
So there's no problem? Are you optimistic about the next few months?