Chapter
The Rise and Fall of FTX's Sam Bankman-Fried
24:32 - 31:13 (06:41)
The new CEO of FTX came to bankruptcy court and said he had never seen a mess like this in his career. The hole that FTX was facing was about $8 billion, and investors and politicians saw dollar signs in Sam Bankman Fried.
Clips
FTX, the cryptocurrency exchange co-founded by Sam Bankman-Fried, is facing a financial scandal of missing customer deposits amounting to $8 billion.
24:32 - 31:13 (06:41)
cryptocurrency
Summary
FTX, the cryptocurrency exchange co-founded by Sam Bankman-Fried, is facing a financial scandal of missing customer deposits amounting to $8 billion. The downfall of the young billionaire has shocked investors and politicians alike.