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The world has been talking about the depreciation of Bitcoin and Ethereum for the past week and the bankruptcy of FTX, one of the world’s largest cryptocurrency exchanges,
The world has been talking about the depreciation of Bitcoin and Ethereum for the past week and the bankruptcy of FTX, one of the world’s largest cryptocurrency exchanges, in recent days. Sam Bankman, the CEO of the company, which went under within days, resigned after the incident.
It is appropriate that he does so as his net worth has seen the bottom of the top over the past two days. The change between quantities and the time it takes to happen, reveals the seriousness of the situation. Let’s see how much Sam Bankman’s fortune is and how much it has declined.
An article we shared 9 months ago stated that the internet exists $22 billion The net worth of Sam Bankman, the CEO of FTX, which we talked about until 2 days ago. 16.5 billion He walked around. 2 days ago his assets $991.5 millionlike the next day hit zero.
According to the information shared by Bloomberg, the type in the chart above a huge crash Living Wealth also removed Sandman from all billionaire lists he was on. After the sudden bankruptcy and the bottom of his fortune, Sandman became one of the fastest impoverished people in the world.
It is not known exactly whether the losses of the exchange’s clients will be covered after the bankruptcy of Sam Bankman Fried and FTX, as well as the extent of the total damage for all companies and clients. However, FTX, which has gained a lot of trust over the years, has quite large clients and many companies, especially from Silicon Valley, are believed to be affected by the situation.
Although Bankman shared a series of tweets apologizing and admitting his mistake, that is no longer the case the job is done. What do you think? Please don’t forget to share your thoughts with us in the comments.
As you know, Elon Musk is the hottest agenda item in the world during frosty days. Even though the bankruptcy of FTX fell like a bomb on the agenda, everyone continues to talk about Twitter and Musk. Finally, OpenAI CEO Sam Altman tweeted about it.
Elon Musk, on the other hand, gave a dignified reply to this tweet, which referenced Twitter’s recent agenda.
We think Musk is here to say, ‘This man destroyed the lives of millions of people, you’re still talking on Twitter’…
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Source: Web Tekno
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
