The co-founder and CEO of a Bahamas-based cryptocurrency exchange said he plans to give away the bulk of his fortune.
FTX CEO Sam Bankman-Fried, one of the richest people in the world, told Bloomberg on Sunday that he will keep 1% of his earnings each year, or about $100,000. Every other dollar – or Bitcoin – will be given away under the philosophies of "effective altruism" and "earning to give."
