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How the crypto king lost everything

Author
The Daily Aus
Published
Tue 15 Nov 2022
Episode Link
https://omny.fm/shows/the-daily-aus/how-the-crypto-king-lost-everything

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. 

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