Words: Tom Ward
In a story surely destined to become a film before the decade is out, one of the crypto industry’s most promising figureheads is currently on trial in New York for alleged fraud, after being arrested in the Bahamas last December. Samuel Benjamin Bankman-Fried, 31, is the founder and CEO of (now bankrupt) cryptocurrency exchange FTX and associated trading firm Alameda Research. This time last year, he was ranked the 41st richest American in the Forbes 400 and the 60th richest person in the world with a peak net worth of $26bn.
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