One of the strangest stories in modern finance starts with a man convicted of stealing customer funds and ends with a startup portfolio that, on paper, looks almost unbelievable. Sam Bankman-Fried helped drive FTX into collapse. Yet some of his early private bets later turned into massive paper winners.This isn't a defense of what happened at FTX. Sam Bankman-Fried’s investments are separate from what he did at FTX.This is a look at the math beh…
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