At one point, Bankman-Fried's personal wealth reached $26.5 billion. 'Am I allowed to say a negative number?' he told Axios, when asked about his personal finances. 'I mean, I have no idea. I don't know. I had $100,000 in my bank account last I checked.'
From bankruptcy filing to a class action lawsuit, here's what we know about the controversy surrounding crypto giant FTX.
Sam Bankman-Fried, the former cryptocurrency exchange CEO – and once one of the richest people in the world – is down to his last $100,000 after the rapid failure of FTX,The investor and founder of FTX pointed to both personal failures and regulatory gaps to help explain the implosion of his company in an interview with the outlet.
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