Sam Bankman-Fried
Sam Bankman-Fried's FTX cryptocurrency exchange collapsed in November 2022, revealing an $8 billion hole in customer funds that had been secretly transferred to his trading firm Alameda Research. Defense arguments that Bankman-Fried genuinely believed in risk management until markets turned were rejected at trial, though some financial observers note the thin line between aggressive trading and fraud in unregulated markets.
If you're learning about this topic for the first time, these are the best places to continue — documented evidence and historical relationships are the guide.
Sam Bankman-Fried is documented in the evidence record of this published dossier.
Co-documented with Sam Bankman-Fried in 1 published dossier, including “Sam Bankman-Fried and the Collapse of FTX”.
Co-documented with Sam Bankman-Fried in 1 published dossier, including “Sam Bankman-Fried and the Collapse of FTX”.