Economy

Sam Bankman-Fried, free love ‘genius’ shared with celebrities

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The curly-haired multimillionaire who wore shorts to events with former US presidents and claimed he wanted to donate 99% of his fortune is a “scam”. Sam Bankman-Fried, a curious name for a man accused of “roasting” nearly two million investors, founded virtual currency brokerage FXT in 2019. three years later he ended up in a prison in the Bahamas, where he lived between luxury and hedonism.

The son of a professor of law at Stanford University in San Francisco, one of the most prestigious in the world, Samuel Bankman-Fried studied mathematics and physics at the age of 30 at the Massachusetts Institute of Technology, the famous Massachusetts Institute of Technology.

Sam Bankman-Fried joined New York-based brokerage Jane Street in 2014, from where he jumped into the crypto world that was beginning to take off. In 2017, he created the first cryptocurrency trading company, Alameda Research, and in 2019, he started working with the FTX cryptocurrency broker. A connection between them would be fatal to him. After surviving the golden years of cryptocurrencies, the company has become one of the largest digital currency platforms, and Bankman-Fried has become a multimillionaire. He has interacted with celebrities from all walks of life, from top athletes like Stephen Curry or Naomi Osaka to models like Gisele Bündchen and world class politicians.

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