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Home Scam Alert

BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ present

by cryptostandard
in Scam Alert
Reading Time: 2 mins read
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BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ present
  • BBC appears to be like at “Sam Bankman-Fried, the mop-haired, nerdy maths genius who got down to remodel the world of crypto however ended up being its greatest loser.”
  • Panorama will air on BBC One on September 25 at 20:00 and run for 11 months.
  • Sam Bankman-Fried is the previous CEO of FTX, the crypto change that collapsed in 2022.

Simply days to Sam Bankman-Fried’s trial within the US, British broadcaster BBC has lined up an investigative piece on the disgraced “crypto king” who as soon as had been the darling of Wall Road and Capitol Hill.

Now beneath arrest and dealing with trial, the person who needed to alter crypto is arguably already its greatest villain to date. BBC’s investigative programme Panorama will air a documentary dubbed “Downfall of the Crypto King”.

BBC appears to be like on the rise and fall of Bankman-Fried

Sam Bankman-Fried, fondly often called SBF in his heyday because the crypto king given his crypto empire spanning the change FTX, Alameda Analysis and quite a few subsidiaries, is the topic of a present that can run on BBC’s Panorama for eleven months.

SBF was the face of crypto in Washington as he seemed to make use of his affect with politicians and regulators to make FTX the most important crypto change on the planet. However in October 2022, the crypto genius got here caught as his $40 billion crypto firm collapsed. Over 1,000,000 prospects had been left dealing with billions in losses because the change filed for chapter in November.

Panorama’s documentary will give attention to what occurred, taking interviews and investigative studies to piece collectively the pink flags that preceded the FTX collapse. How SBF blindsided practically everybody with charity, political donations and scruffy-haired appeal kinds a part of the present.

It’s notable that FTX lately sued Bankman-Fried’s dad and mom in relation to tens of millions of {dollars} allegedly gifted to them. 


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