New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened

New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened


cryptonews
2023-01-03 15:08:00

The crypto empire controlled by disgraced FTX founder Sam Bankman-Fried was fragile for years, with cracks starting to show up already in 2022, a new report has suggested. According to the report, published by the Wall Street Journal on New Year’s Eve, Bankman-Fried’s crypto trading firm Alameda Research “never was particularly good at investing.”... Read More: New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened