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Sam Bankman-Fried

Sam Bankman-Fried

Sam Bankman-Fried

Sam Bankman-Fried

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Samuel Benjamin Bankman-Fried, commonly known as SBF, is an American entrepreneur and convicted felon. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a "poster boy" for crypto, with FTX having a global reach with more than 130 international affiliates. At the peak of his net worth, he was ranked the 41st-richest American in the Forbes 400.

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"My plan was to write a profile of cryptos boy genius, the man who, at twenty-nine, seemed to have the future of money figured out His rise had been so meteoric that it seemed plausible when he said FTX would one day take over all of Wall Street. He was worth at least $20 billion, but he claimed hed only gotten rich so that he could give it all away. He drove a Toyota Corolla and liked to sleep at the office on a beenbag chair, which I could see next to his desk. It was an irresistable story. The problem was it was not true. While the media, politicians, venture capitalists, and investment bankers lauded him as a benevolent prodigy—a Warren Buffett or J. P. Morgan for the digital age—he was secretly embezzling billions of dollars of his customers money and blowing it on bad trades, celebrity endorsements, and an island real-estate shopping spree to rival any drug kingpins."
Sam Bankman-FriedSam Bankman-Fried

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