"This is something I inherited. My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we're seeing as well." CIA Director William Burns
CIA CRYPTO PROJECT
Sam Bankman-Fried CIA ASSET
Caroline Ellison CIA ASSET
- William Joseph Burns is an American diplomat serving as the director of the Central Intelligence Agency in the Biden administration since March 19, 2021.
- FTX is a Bahamas-based cryptocurrency exchange. The exchange was founded in 2019 and, at its peak in 2021, had over one million users and was the third-largest crypto exchange by volume. Since 11 November 2022, FTX has been in bankruptcy proceedings in the US court system following a liquidity crisis.
Sam Bankman-Fried tries to broker FTX bailout from his home in the Bahamas, despite being booted from the crypto company