FTX is or was a large cryptocurrency exchange kind of like the New York Stock Exchange But for tokens like Bitcoin and ether. The company abruptly announced it would be filing for chapter 11 bankruptcy And there's one dude behind FTX Yeah, Sam Bankman freed. My name is Sam and this is my story Sam has crazy hair. Sam sleeps five hours a night Sam lives in the Bahamas with 10 roommates, but Sam has 22 billion dollars Everyone in crypto land calls him SPF It made him on paper Fabulously wealthy FTX in its last fundraising round Was valued at 32 billion dollars.