When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says
Many FTX employees were set to become fabulously rich because their holdings of Serum’s SRM had shot up in value in 2021.
But that annoyed Sam Bankman-Fried, who had backed Serum, since that meant those employees might not be so willing to put in 14-hour days at his crypto exchange, since they were now paper multi-millionaires.
HI @marin1
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