SBF once revised the rules to extend the employee SRM lock-in period after the SRM rose sharply.
2023-10-04 03:33
Odaily News The Big Short author Michael Lewis revealed in his new book Going Infinite that former FTX CEO Sam Bankman-Fried was worried that his employees would hold a large amount of SRM tokens due to the sharp rise in the price of Serum (SRM) tokens in 2021. Get rich and you may no longer be willing to work 14 hours a day for your crypto trading platform. Therefore, Bankman-Fried modified the release rules for SRM tokens so that employees must wait longer before selling these tokens. (CoinDesk)
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