Sam Bankman-Fried is a businessman and investor from the United States. Sam Bankman-Fried’s relationship status is unknown. He keeps his personal life private.
Advertisement
Sam Bankman-Fried is the founder and CEO of FTX, a cryptocurrency exchange, and FTX.US, its US subsidiary.
Before it all blew up, FTX was a leading exchange for buying and selling crypto derivatives. In September 2021, he relocated the headquarters to the Bahamas.
FTX’s valuation peaked in January 2022 when it raised $400 million at a $32 billion valuation from Singapore-government-owned investment firm Temasek, crypto venture capital firm Paradigm, Tiger Global Management, and the Ontario Teachers’ Pension Plan Board.
Advertisement
In late 2022, FTX experienced a liquidity crisis. following FTX’s liquidity crisis, his net worth was estimated to have dropped 94% in a day to $991.5 million on November 8, 2022, according to the Bloomberg Billionaires Index.
Sam Bankman-Fried also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017.
Leave a Reply