Wednesday, November 9, 2022

Sam Bankman-Fried's estimated $15.6B fortune has been eviscerated in days by the demise of FTX and Alameda, dropping to ~$1B, the largest one-day collapse ever (Tom Maloney/Bloomberg)

Tom Maloney / Bloomberg:
Sam Bankman-Fried's estimated $15.6B fortune has been eviscerated in days by the demise of FTX and Alameda, dropping to ~$1B, the largest one-day collapse ever  —  Just weeks ago, Sam Bankman-Fried was considered crypto's version of John Pierpont Morgan, willing to throw around his massive fortune to save the industry.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: Ross Nordeen, the last remaining cofounder at xAI, left the company on Friday; Nordeen reported directly to Elon Musk as his right-hand operator (Grace Kay/Business Insider)

Grace Kay / Business Insider : Sources: Ross Nordeen, the last remaining cofounder at xAI, left the company on Friday; Nordeen reported d...