How Sam Bankman-Fried Lost $10 Billion in 10 Days

Описание: In a matter of days, an empire valued at thirty-two billion dollars evaporated, leaving investors stunned and millions of users wondering where their money had gone. This is the story of how Sam Bankman-Fried went from being a celebrated crypto superstar to facing decades in prison.


In this deep dive, we break down the shocking collapse of FTX. We explore how SBF cultivated an image of a "disheveled genius" and used the philosophy of "Effective Altruism" to charm regulators and the public.


We uncover the dark truth revealed in court:

The secret relationship between FTX and Alameda Research that supposedly didn't exist.

The "secret exemption" in the code that allowed Alameda to borrow unlimited customer funds.

How customer money was funneled into lavish real estate in the Bahamas and political donations.

The damning testimony from former inner circle members Caroline Ellison and Gary Wang.

The final verdict and the 25-year prison sentence.

The fall of FTX is a stark reminder that in finance, trust is good, but verification is essential.

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