The whole episode brutally pierced the aura of invincibility that the young CEO Sam Bankman-Fried, better known in the financial world by the poetic nickname “SBF”, had been radiating up to that moment. SBF, the son of 2 Stanford professors and himself a physicist from the renowned MIT institute of technology, has been in love with the cryptocurrency world since he launched FTX in 2019, an exchange where you can buy and sell cryptocurrencies.
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