The founder saw his net worth decrease from $15.6 billion to $1 billion in a single day.
SBF regretted declaring Chapter 11 bankruptcy and would wish he could turn it back.
Sam Bankman-Fried, the ex-CEO of FTX, a cryptocurrency exchange that was once valued at $26 billion, told Axios on Monday that he is now down to his final $100,000. Early in November, when word broke that the cryptocurrency exchange required a bailout, the founder saw the vast majority of his net worth decrease from $15.6 billion to $1 billion in a single day.
Sam Bankman-Fried, the co-founder and former CEO of cryptocurrency exchange FTX, has been making intermittent Twitter appearances and is scheduled to make his first public appearance as a speaker at the New York Times’ annual DealBook Summit on Wednesday, November 30.
Regrets Filing Bankruptcy
Just recently, a transcript of SBF’s phone conversation with Tiffany Fong surfaced. This interview supposedly took place on November 15, five days following FTX’s
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