After the failure of cryptocurrency exchange FTX and hedge fund Alameda Research, the troubled cryptocurrency sector and its rich pioneers face a day of reckoning. In particular, these crypto founders and bitcoin moguls lost $116 billion in 2022.
Sam Bankman-Fried was on a roll in January 2022. His Bahamas-based FTX had recently received $400 million at a $32 billion valuation from eminent venture capitalists. After a few weeks, SBF, as he is known, appeared on Forbes' annual list of the...
