FinTech news in Sam Bankman-Fried category

A new web3-focused production hub, Trustless Media, has launched out of stealth mode as it aims to build an NFT community-owned media company. Trustless Media plans to grow its community beyond the initial 1,000 NFT community members by expanding the network.

Crypto exchange FTX is open to partnering with Robinhood Markets, its CEO Sam Bankman-Fried said in a statement.

The exchange says it will not receive payment for order flow (PFOF), a method for order fulfillment Robinhood became notorious for that involves the exchange receiving payment from market makers for directing orders their way.