Cryptocurrencyinvestment News

SBF's Reluctance to Include Investors on FTX Board, Reveals Paradigm Co-founder

Matthew Huang, co-founder of Paradigm, testified in court that Sam "SBF" Bankman-Fried, the founder of FTX, was resistant to having investors join the board of directors at FTX. Huang admitted to not conducting enough due diligence and relying heavily on information provided by Bankman-Fried.