The End of Cryptocurrency King Sam Bankman-Fried, Founder of FTX Who Lost IDR 500 Trillion in Few Days

The End of Cryptocurrency King Sam Bankman-Fried, Founder of FTX Who Lost IDR 500 Trillion in Few Days

WASHINGTON DC, KOMPAS.com – Life Sam Bankman-Fried “Crypto King,” founding father FTP extension (bag cryptocurrency), drastically changed in less than eight days. He stepped down as CEO of FTX on Friday (11/14/2022) and soon his company filed for bankruptcy. Sam Bankman-Fried’s resignation from the CEO position comes after he faces a federal investigation into his … Read more

This cryptocurrency trader is suddenly poor, his assets lose IDR 247T!

This cryptocurrency trader is suddenly poor, his assets lose IDR 247T!

Jakarta – Bad luck Sam Bankman-Fried. He is known to be wealthy due to the success of the trading company crypto- she, FTX. But suddenly the company went bankrupt and he became instantly poor. According to Bloomberg’s calculations, as of the beginning of this week his wealth was still $16 billion or about 247 trillion … Read more

FTX virtual currency, bankruptcy law application resigns as CEO of Bankman Fried | Reuters

FTX virtual currency, bankruptcy law application resigns as CEO of Bankman Fried |  Reuters

[11日 ロイター] – FTX, a cryptocurrency (virtual currency) exchange company, announced on the 11th that it had filed for Section 11 of the United States Bankruptcy Code (equivalent to the Japanese Civil Rehabilitation Act). Chief Executive Sam Bankman-Fried resigned. Cryptocurrency (virtual currency) exchange company FTX announced on the 11th that it will enforce Section 11 … Read more

Bitcoin drops below $ 16,000

Bitcoin drops below $ 16,000

The problems of the second largest cryptocurrency exchange – FTX, have also severely affected the largest cryptocurrency in the world – Bitcoin. As of 11:30 pm Bulgarian time on November 9, 2022, the cryptocurrency is selling for less than $ 16,000 for one bitcoin. Source: CoinMarketCap CoinDesk reported a low price of $ 15,795.15 for … Read more

Bitcoin and other cryptocurrencies are weakening by ten percent

Bitcoin and other cryptocurrencies are weakening by ten percent

Cryptocurrencies weaken noticeably for the second consecutive day. Investors are concerned about the stability of the entire industry, as well as the financial condition of the FTX exchange, even as rival Binance wants to take control. According to data from the specialized website CoinDesk, the most famous cryptocurrency bitcon lost more than ten percent to … Read more

Brushed off by rivals, this billionaire’s wealth disappears from Rp 232 trillion

Brushed off by rivals, this billionaire’s wealth disappears from Rp 232 trillion

Jakarta, CNBC Indonesia – The wealth of Sam Bankman-Fried (SBF), a young multibillionaire who was once hailed as a cryptocurrency savior hero, has disappeared for hundreds of trillions of rupees following the liquidity controversy his company suffered. The name of the CEO of FTX – one of the largest cryptocurrency exchanges in the world – … Read more

Sam Bankman-Fried, or how to lose nearly $ 14 billion in one day

Sam Bankman-Fried, or how to lose nearly $ 14 billion in one day

Sam Bankman-Fried and founder of the second largest cryptocurrency exchange FTX and hedge fund Alameda Research. He was born on March 6, 1992 and was one of the youngest billionaires in the world. He studied at the prestigious MIT in Cambridge, Massachusetts, where he majored in physics and mathematics. In November 2017 he founded Alameda … Read more