Who Is Sam Bankman Fried?

Bankman-Fried was born in 1992 on the Stanford University campus to a Jewish household. He is the son of Stanford Law School professors Barbara Fried and Joseph Bankman. Let's see just who Sam Bankman Fried is.

Family background

Born on March 6, 1992, Samuel Benjamin Bankman-Fried, often identified by his initials SBF, is an American businessman, investor, and former billionaire. Bankman-Fried was the founder and CEO of the cryptocurrency trading company Alameda Research as well as the FTX exchange. Late in 2022, a crisis at FTX caused the native cryptocurrency of FTX, FTT, to crash. Bankman-Fried stepped down as CEO of FTX during the crisis and declared he would scale back operations at Alameda Research. FTX then filed for Chapter 11 bankruptcy.

The pinnacle of Bankman-Fried's wealth was $26 billion. His projected net worth in October 2022 was $10.5 billion. However, according to the Bloomberg Billionaires Index, on November 8, 2022, during FTX's solvency crisis, his n...

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