Crypto’s ‘White Knight’ Target of Texas Securities Probe

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By Rob Lenihan Texas officials are investigating FTX CEO Sam Bankman-Fried and his company for allegedly offering unregistered securities products in the U.S. through its yield-bearing services. He has been called the “white knight” of the crypto space. Sam Bankman-Fried, founder and CEO of the cryptocurrency exchange FTX, has made something of name for himself bailing out companies that have withered in the face of the “crypto winter.” The 30-year-old billionaire, often referred to as SBF, told NPR in an interview that “I do feel like we have a responsibility to seriously consider stepping in…

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