Sam Bankman-Fried Is Going Down Posting
The disgraced crypto titan has nothing left to say. That isn’t stopping him.
by Will Gottsegen
Nov 19, 2022
3 minutes
After losing more than $1 billion of his customers’ money, the disgraced crypto titan Sam Bankman-Fried had just one thing to say.
“1) What.”
That inscrutable message, posted on Twitter last weekend, followed a cataclysmic week for the 30-year-old. FTX, the cryptocurrency-trading site he’d founded and turned into a global behemoth, went insolvent. Bankman-Fried’s personal wealth plummeted from $15 billion to $0 in just one day, and the company filed for bankruptcy. Things have continued to deteriorate ever since, as a new, narrative has emerged: Federal prosecutors in New York have already begun contacting possible witnesses
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