Nov 14, 2022
Crypto’s golden boy SBF’s $16 billion fortune evaporated in a single week
Posted by Gemechu Taye in category: futurism
He stepped down from the position of CEO after his company FTX filed for bankruptcy.
Earlier in the spring, effective altruism believer Sam Bankman-Fried (SBF) was worth $26 billion. As crypto prices dropped, so did SBF’s fortune. However, the turn of events in the past week has meant that the billionaire’s riches have evaporated entirely, leaving him with nothing, just like those who invested in his company, FTX, CNN.
Getty Images.
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