Who is FTX founder Sam Bankman-fried?

Despite serving as FTX's chief technology officer, Wang maintained a limited online presence and steered clear of media interviews, leaving the limelight to his cofounder Sam Bankman-Fried. He was the company's second-largest shareholder. Wang reportedly met Bankman-Fried at a math camp in Oregon when the pair were teenagers.

Who are FTX's top executives?

The tight group of executives reportedly included Wang, Bankman-Fried, Caroline Ellison, who was formerly Alameda's CEO, and Nishad Singh, FTX's former director of engineering.

What happened to FTX before it collapsed?

Before its collapse, FTX was the world’s second-largest crypto exchange and Bankman-Fried, 30, was its CEO and a billionaire several times over, at least on paper. Celebrities and politicians alike vouched for FTX and its founder, and Bankman-Fried was considered a leading figure in the crypto world.

How does FTX make money?

Here's who to watch. FTX, an exchange that allows users to buy and sell cryptocurrency, generated revenue by charging customers trading fees and selling an FTX-created crypto token that allowed users to buy and sell on the platform at a discount.

The World's Leading Crypto Trading Platform

Get my welcome gifts