Sam Bankman-Fried, once a rising star in the cryptocurrency world and the founder of FTX, saw his billion-dollar empire crumble in one of the biggest financial scandals of our time. FTX, once valued at $32 billion, was one of the leading cryptocurrency exchanges until it was revealed that Bankman-Fried had allegedly misused billions in customer funds through fraudulent schemes. This massive financial fraud shocked the crypto community and sent ripples across global financial markets, causing FTX’s sudden collapse in 2022. In this video, we take a deep dive into the rise and fall of Sam Bankman-Fried, the “Crypto King,” who went from being hailed as a philanthropic billionaire to facing multiple charges of fraud. His arrest and the FTX crash exposed serious flaws in the crypto market
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