Sam Bankman-Fried founded FTX and Alameda Research.
FTX.
FTX founder Sam Bankman-Fried is the only other person who has gotten rich so quickly.
Three years ago, the exchange went from relative obscurity to ranking sixth in spot trading and second in derivatives trading in just two years.
Bankman-Fried has built an empire in an industry that is growing at a rapid pace. He did it at a time when the regulatory scrutiny of cryptocurrencies is the most intense it has ever seen. FTX has been out of trouble so far.
Insider spoke with several of Bankman-Fried's closest friends, colleagues, and investors to get a full picture of the billionaire. They described in detail how successful he was, how he was able to attract major investors while skirting regulatory scrutiny, and what it was like to work with him.
Insider has a full profile of Sam Bankman-Fried.
Business Insider has an original article.
