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Sam Bankman-Fried, the fallen wunderkind of cryptocurrency
Technology

Sam Bankman-Fried, the fallen wunderkind of cryptocurrency

[ad_1] He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector.But Sam Bankman-Fried's stunning rise to prominence and wealth would be matched by his spectacular fall, and with it that of his platform FTX. In the space of just a few months,  the Massachusetts Institute of Technology graduate with a degree in physics had taken a startup he founded in 2019 and built it up into the world's second-largest crypto exchange platform. He quickly became more than just a young entrepreneur, fashioning himself as an ambassador of crypto and making his first appearance in Congress in December 2021, testifying before lawmakers on the then-novel form of currency.The public would come to know a seemingly oddball whiz kid with a mop of curly ...