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FTX’s crypto mining venture is now used to advance AI

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Cointelegraph
By Cointelegraph by Turner Wright
10/12/2026, 9:11:26 PM
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FTX’s crypto mining venture is now used to advance AI
EXECUTIVE SUMMARY

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.

Key Takeaways

  • FTX’s crypto mining venture is now used to advance AI.
  • The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.
  • The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.

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