How the crypto king lost everything
November 15, 2022
12 min
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453 of 1,847
November 15, 2022
How the crypto king lost everything
0:00 / 12:13
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Episode 453 of 1,847 — walk the feed in the order it was published.
12:13This episodeHow the crypto king lost everything
Summary
<p>Crypto firm FTX was once worth $32 billion. Its founder Sam Bankman-Fried ( often known as just 'SBF') was one of the richest young people in the world. But if SBF was the king of crypto, his empire is in ruins. The company has filed for bankruptcy and SBF has resigned as CEO, tweeting "I'm sorry...I fucked up". The news has sent shockwaves through the crypto world. In today's deep dive, TDA journalist Tom Crowley unravels the whole saga and what it means for the future of crypto. </p><p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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