Byusnewsr1-

Nov 15, 2022

FTX founder Sam Bankman-Fried’s downfall sends shockwaves through crypto world

FTX founder Sam Bankman-Fried’s downfall sends shockwaves through crypto world

By KEN SWEET | AP Business Writer
NEW YORK — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire.
Now the comments about the 30-year-old Bankman-Fried range from bemused to hostile after FTX filed for bankruptcy…

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