Sam Bankman-Fried Loses $17 Billion Fortune, Now Down to Just $100,000 in the Bank

Sam Bankman-Fried, former CEO and founder of collapsed crypto exchange FTX, is down to $100,000 from the approximately $17 billion he was worth earlier this year. In a recent interview with Axios, Bankman-Fried claimed that he currently has around $100,000 in his bank accounts, down by 99% from his net worth of around $17 billion based on calculations by Bloomberg. When asked about his personal finances, he said,... Read More: Sam Bankman-Fried Loses $17 Billion Fortune, Now Down to Just $100,000 in the Bank