FTX revenue reportedly grew 1000% in one year, leaked documents reveal
The revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21. FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time highs. Driven by massive customer onboarding, partnerships, sponsorships and other factors, FTX’s revenue reportedly grew 1000% in 2021 — revealed internal documents.Audited financials of FY 2020-2021 show FTX witnessing a 1000% increase in revenue — growing from $90 million in 2020 to $1.2 billion....
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Crypto exchange FTX has disclosed that its revenue skyrocketed to more than 1000% last year courtesy of the bull market that saw Bitcoin soaring to a record peak of $69,000, and pushing the company’s revenue from just under $90 million in 2020 to balloon to over $1 billion the following year. Sam Bankman-Fried, FTX CEO, […]
Leaked classified documents provided to The New York Times and Propublica by whistleblower Edward Snowden reveal that AT&T has facilitated NSA spying operations for decades. The leaked documents, which were the first covered by the New York Times, is the most recent in a series of leaks provided by Snowden over the last two years. Snowden first gained fame after revealing thousands of classified government documents to journalists Glenn Greenwald, Laura Poitras and Ewen MacAskill that provided information about previously unknown spying programs — such as PRISM — in June, 2013. According....
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