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The Rising Star and Downfall of Sam Bankman-Fried
This chapter chronicles the meteoric rise and catastrophic fall of Sam Bankman-Fried, founder of the FTX platform, mapping his journey from a $26 billion fortune to conviction for fraud and money laundering. It explores the interplay of his mathematical genius, unconventional upbringing, and the contradictions of his billionaire philanthropy amidst economic disparities. The narrative also offers insight into the evolving landscape of high-frequency trading and cryptocurrencies, revealing the complex dynamics at play in both personal and professional realms.