FTX’s Bahamas crypto empire: Stimulants, subterfuge and a spectacular collapse

Posted on AllSides November 28th, 2022
From The Left

Before Sam Bankman-Fried’s $16 billion empire imploded, Margaux Avedisian remembers thinking there was something unsettling about the cryptocurrency wunderkind.

Bankman-Fried had become a legend by pushing an image of monkish aloofness, vowing to forsake the allures of his extraordinary wealth — sleeping on beanbag chairs, driving a Toyota Corolla — and to give away his fortune for the greater good.

Yet in April, when Avedisian was hired as a master of ceremonies for a conference in the Bahamas sponsored by FTX, Bankman-Fried’s crypto exchange, she saw how the 30-year-old billionaire really lived: in a guarded...

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https://www.washingtonpost.com/technology/2022/11/24/ftx-bahamas-albany-fried/

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