INVESTIGATION – Condemned by some of his relatives, Sam Bankman-Fried, the founder of the cryptocurrency exchange platform, appears in US court on Tuesday.
A shaggy-looking Wolf of Wall Street in the dock. Former treasure of cryptocurrency enthusiasts, Sam Bankman-Fried, founder of FTX, appears this Tuesday, January 3rd in the court of the Southern District of New York. Once adored, this thirty-year-old spent on the benches of the prestigious Massachusetts Institute of Technology (MIT) was nevertheless on his way to becoming Warren Buffett 4.0. His business, which mixes a dream life in the Bahamas, scam and flow of money, has everything from a Hollywood movie.
The story begins in 2019 when Sam Bankman-Fried launched FTX, a cryptocurrency exchange that experienced a meteoric rise. The geek manages his business with an undeniable talent for communication and quickly attracts large investments. He becomes one of the influential figures in the sector, placing FTX as the second most important player in the world behind Binance, deposing the famous Coinbase launched in 2012. His platform sees transit…