10 Things You Need To Know About Sam Bankman-Fried

POSTED: 23-AUGUST -2023

1. Sam Bankman-Fried (SBF) was born in California to two Stanford Law School professors on March 6, 1992.

2. He attended Crystal Springs Uplands School and Canada/USA Mathcamp during high school. 

3. He graduated from MIT in 2014 with a degree in physics and mathematics. 

4. SBF started his career as an intern at Jane Street Capital and later worked full-time at the company. 

5. He co-founded Alameda Research in 2017 with Tara Mac Aulay from the Centre for Effective Altruism. 

6. In April 2019, SBF founded the cryptocurrency exchange FTX, which became prominent during the COVID-19 pandemic. 

7. He ranked third in the Cointelegraph Top 100 personalities of the cryptocurrency space in 2021 and took the top spot in 2022. 

8. SBF was reported to have a net worth of $26.5 billion before the collapse of FTX. 

9 FTX collapsed in November 2022, leading to allegations of financial fraud against SBF.

10. He was arrested in the Bahamas in December 2022 and faces multiple charges, including wire fraud, securities fraud, and money laundering.