Part 1/8:
The Fall of Sam Bankman-Fried: A Billionaire's Descent
In 2022, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, became known as the second largest billionaire donor for Democratic causes. Fast forward to March 2024, and the picture has dramatically changed; Bankman-Fried was convicted of defrauding customers and sentenced to 25 years in jail—a stark turnaround from his previous status as a celebrity billionaire.