May 3, 2024

FTX CEO joins Warren Buffett and Bill Gates' philanthropic initiative

FTX CEO joins Warren Buffett and Bill Gates' philanthropic initiative

FTX cryptocurrency exchange CEO Sam Bankman-Fried has joined The Giving Pledge philanthropic campaign.launched by Bill Gates and Warren Buffett. 

The Giving Pledge is considereda public commitment by the world's richest people and families to give the majority of their wealth to charity. Donations can be made both during the life of the person who took the oath, and after his death.

The head of FTX said that he considers it his duty to do everything possible to change the world for the better in the long term.

In 2018, «oath of giving» given by Coinbase CEO Brian Armstrong.

Recall that in May, Sam Bankman-Fried entered the top 100Influential People of 2022 according to TIME magazine. He was also ranked number one among the cryptocurrency industry's top 400 richest US billionaires by Forbes.

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