How Sam Bankman-Fried’s Crypto Empire Collapsed

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How Sam Bankman-Fried’s Crypto Empire Collapsed

Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.

Sam Bankman-Fried, who was a cryptocurrency billionaire, lost nearly his entire fortune over the past week.Credit...Erika P. Rodriguez fo…