Is Sam Bankman-Fried the new JP Morgan? According to a Bloomberg story, he is doling out credit lines to keep crypto firms in business, much as JP Morgan helped during financial crises of the early 20th century that led to the creation of the Federal Reserve. Bankman-Fried’s crypto ...
As the head of RZhD, the third largest rail network in the world that turned over $27bn last year and accounts for 40% of Russia’s total freight traffic, he will exercise considerable power, able to choke the oil, gas and mining industries if he so chooses....
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