15 Articles
15 Articles
Founder of bankrupt crypto firm FTX Sam Bankman-Fried breaks his silence, with thousands locked out of savings
FTX, a cryptocurrency exchange that operated around the world, collapsed as panicked traders pulled $6bn out of the company in just three days after a series of bombshell allegations.
Sad: Sam Bankman-Fried Claims He Has $100,000 Left of $27 Billion Fortune
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX before it suddenly went bankrupt this month, told Axios that he has just $100,000 left after his empire imploded due to admitted financial mismanagement. The 30-year-old had a net worth of over $27 billion at one point. "Am I allowed to say a negative number?" Bankman-Fried said, when the outlet asked about his finances. "I mean, I have no idea. I don't know. I had $100,000…
Sam Bankman-Fried Claims His Fortune Is Gone
Sam Bankman-Fried, who was once reportedly worth more than $25 billion, told Axios that he has only about $100,000 left.Said Bankman-Fried: “I don't know. I had $100,000 in my bank account last I checked. It's complicated. Basically everything I had was just tied up in the company.”Polit
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