5min chapter

FAREWELL cover image

147 – Analyzing Sam Bankman-Fried and FTX

FAREWELL

CHAPTER

Sam Bankman Fried, CEO of FTX, Goes Bust in a Nutshell

This past week, one of the largest companies in cryptocurrency called FTX pretty much went bust. The CEO and founder of FTX is a guy named Sam Bankman Fried. His net worth went from something like $32 billion down to close to zero in about two days. Many people that were involved in cryptocurrency had a lot of money in FTX.

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