The FTT token crashed - and it erased ten billion of his net worth
Sam Bankman-Fried wakes Nov 11, 2022 with a $16B paper fortune - how did it all unravel in nine days?
The FTT token crashed - and it erased ten billion of his net worth
In this episode, we lay out the chain of events that turned a tech-celebrated founder into the center of the largest crypto exchange collapse in history. We follow the decisions, the balance sheets, and the token mechanics that set the stage for a rapid implosion - and ask how a single spreadsheet triggered a nine-day collapse.
Person: Sam Bankman-Fried
Event: FTX exchange collapse
Date: November 11, 2022 (net worth peak) and…
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