How Sam Bankman-Fried’s Crypto Empire Collapsed
U.S. · BUSINESS · TECH
November 14, 202211 min read2188 words
Published: November 14, 2022  |  11 min read2188 words
In less than a week, the cryptocurrency billionaire Sam Bankman-Fried went from industry leader to industry villain, lost most of his fortune, saw his $32 billion company plunge into bankruptcy and became the target of investigations by the Securities and Exchange Commission and ...
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Financial Incentive
Nov 16
The article covers well the facts that led to the present moment so that Friedman didn't look bad - which made me feel suspicious about the intentions/deals behind the piece. I keep thinking about how many people lost their savings and how this will affect the crypto space in general, and couldn't see a lot of the weight that his actions caused.
Nov 16
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Great Context
Nov 15
I know a lot of folks in the crypto space are upset by this article which fails to use terms like "fraud", "Illegal" or "criminal", but it does a decent job of capturing the series of events that led to the FTX blowup.
Nov 15
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