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How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

by Editor September 16, 2022, 4:33 pm 1.3k Views

30-year-old crypto billionaire Sam Bankman-Fried reveals how he made his billions

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks.

It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of its workforce as crypto prices crashed.

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