The Atlantic

Sam Bankman-Fried Is Going Down Posting

The disgraced crypto titan has nothing left to say. That isn’t stopping him.
Source: Jeenah Moon / Bloomberg / Getty

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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