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SamBankman-Fried’s fortune disappeared in less than a week.
Sam Bankman-Fried, the CEO of FTX, the world’s biggest cryptocurrency exchange, has announced that he’s filing for bankruptcy. “FTX, Inc. or its former CEO are not involved in my personal bankruptcy,” he wrote. “I ampiecing together what has happened at FTX…I’m confident that FTX will emerge stronger, and better, than ever before,” Bankman-Fried added.