The FED’s Jerome Powell met with then CEO and founder of FTX, Sam Bankman-Fried (SBF) in February 2022. This was the same time that the FED was examining the implementation of a federal digital currency.
FTX’s founder SBF is sleeping in his parents’ basement after being rated one of the youngest billionaires in the world. The former crypto king is now facing nine counts by the DOJ in the Southern District of New York related to defrauding its customers.
During his incredible rise, SBF was meeting some of the world’s top financial operatives. In February of 2022, SBF met with FED Chairman Jerome Powell.
It’s unknown what was shared at this meeting but a short time later in June 2022, the FED announced its plans to develop a central bank digital currency.