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Poor Crypto Master Speaks Up, His Money Is Gone

Poor Crypto Master Speaks Up, His Money Is Gone Sam Bankman Fried. Photo: Twitter - Sam Bankman-Fried, former boss of bankrupt cryptocurrency exchange FTX, has spoken out and denied fraud. The man once hailed as the 'King of Crypto' told The New York Times he was having a 'bad month' and had almost no money left.  Bankman in early November, his wealth was still USD 16 billion or more than Rp 240 trillion. However, the treasure disappeared with the collapse of FTX.  Speaking from where he lives in the Bahamas, he says he only has one credit card left, and that's about $100,000 in debt. Bankman claims not to mislead investors. "I've never tried to commit fraud," he said.  The bankman said for now he is not concerned about the potential for civil or criminal prosecution. "There is a time and a place for me to think about myself and my own future," he said.  The fall of FTX itself could not be separated from the role of the boss of Binanc