September 20, 2024

Behind FTX’s fall, battling billionaires and a failed bid to save crypto

 Behind FTX’s fall, battling billionaires and a failed bid to save crypto

On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message.
Im sorry, he told them. I f***ed up.
The reason for the mea culpa:…