He has been called a technological genius, a crypto prodigy, and a billionaire altruist. We tell why the story of one of the brightest representatives of the crypto industry turned into a failure and how he was able to lose his entire fortune in just a few days
The head of the FTX crypto exchange, Sam Bankman-Fried, has gained fame as the “savior of the industry”, helping other market players on the verge of collapse. Now his own firm has filed for bankruptcy, and the billionaire has lost $16 billion. Here's how it happened and what awaits the cryptosphere now