Until recently, Sam Bankman-Fried, or SBF, was crypto’s golden boy, known for building his cryptocurrency exchange, FTX, into a $32 billion giant in just two years. But the disheveled, left-leaning … Read More

Former FTX users say the failed crypto exchange was a ‘Ponzi scheme.’ Here’s how those work, and what we know about how Sam Bankman-Fried operated