Sam Bankman-Fried
Samuel Benjamin Bankman-Fried (born March 6, 1992), also known by the initialism SBF, is an American suspected fraudster, entrepreneur, investor, and former billionaire. Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX and associated trading firm Alameda Research, both of which experienced a high-profile collapse resulting in chapter 11 bankruptcy in late 2022. Prior to FTX's collapse, Bankman-Fried was ranked the 41st richest American in the ''Forbes 400'', and the 60th richest person in world by ''The World's Billionaires''. His net worth peaked at $26 billion. By November 11, 2022, amid the bankruptcy of FTX, the ''Bloomberg Billionaires Index'' considered his net worth to have been reduced to zero. Before his wealth had evaporated, Bankman-Fried was a major donor to political campaigns, donating mostly to Democratic candidates (while unverifiably claiming to have channeled "dark money" to Republican candidates) and claimed that he planned to spend p ...
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