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The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means

Por: Business Insider Business November 12, 2022

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If you've been paying attention to the finance world this week, you've likely been sifting through alphabet soup: SBF. FTX. FTT. Maybe even SEC.Confused yet? The short story is that crypto tycoon Sam Bankman-Fried and the company he founded, FTX, spectacularly imploded, causing him to lose 94% of his net worth and his title as CEO, and resulting in his crypto empire filing for bankruptcy. But there's a lot more to the saga,... + full article



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