Here’s All About FTX Ex-CEO SBF

Sam Bankman-Fried, popularly known by his initials SBF was born on March 6, 1992, in California, U.S.

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Before the FTX collapse, Sam Bankman-Fried was among one of the richest people in the crypto industry.

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He studied at the Massachusetts Institute of Technology (MIT) and began his career as a trader at Jane Street.

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He launched FTX in 2019 which then grew into one of the leading exchanges for buying and selling crypto derivatives.

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As of early 2022, investors valued FTX and its U.S. operations together at $40 billion.

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But in late 2022, FTX experienced a liquidity crisis, and its FTT price plunged from $22 to $1.45.

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According to OpenSecrets', SBF has contributed $40 million to campaigns in the 2022 midterm election cycle.

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