Sam Bankman Fried

 

Sam Bankman-Fried (SBF) was a former American investor, businessman, and crypto influencer. He launched Future Exchanges (FTX), a billion-dollar investment firm. Investors once hailed SBF as a modern-day J.P. Morgan because he revived many crypto projects from bankruptcy.

 

Quick Facts

 

Full Name	Samuel Benjamin Bankman-Fried
Birth	05-03-1992, Stanford, California, U.S.
Nationality	American
Education	B.S. from Massachusetts Institute of Technology
Marital Status	Unmarried
Net Worth	$0 ( Refer for realtime)

 

His works frequently addressed blockchain technology. In November 2022, SBF's projected net worth reached a peak of $26.5 billion, half of which came from FTX and FTT tokens. However, it later fell to zero as he was accused of fraud, which put his company, FTX, under investigation.

 

Charges Faced By SBF

 

Sam Bankman-Fried (SBF) was sent to a 25-year prison sentence after being found guilty. Sources claim that SBF's team is looking for legal measures to shorten SBF's jail sentence. Additionally, SBF can request a pardon from US President Donald Trump.

 

Sam Bankman-Fried’s Career Timeline

 

• 2017: Founded Alameda Research – Launched Alameda Research, a crypto trading firm.
• 2019: Founded FTX Exchange – Established FTX, a cryptocurrency exchange
• 2020: Launched FTX Token (FTT) – Created FTT as the native token to fuel the FTX ecosystem.
• 2021: FTX Reaches $32B Valuation – Secured funding and makes FTX one of the largest crypto exchanges.
• 2022: FTX Collapses & Files for Bankruptcy – Revealed for misusing customer funds, leading to a liquidity crisis.
• 2022: Taken into custody following FTX’s collapse and extradited from the Bahamas to the U.S.
• 2023: Convicted on Fraud Charges – Found guilty of multiple fraud and conspiracy charges related to FTX.
• 2024: Sentenced to Prison – 25-year jail term in the US jail.

 

Achievements of SBF

 

Year	Title of work	Description
2017	Founded Alameda Research	Built a high-frequency crypto trading firm specializing in arbitrage.
2019	Launched FTX Exchange	Made it one of the fastest-growing crypto exchanges by focusing on derivatives.
2021	FTX Reached $32B Valuation	Positioned FTX among the top global crypto exchanges before its collapse.
2022	Became One of the Richest in Crypto	Amassed an estimated $26 billion net worth before FTX's downfall.
2022	Major Crypto Political Donor	Donated over $40 million to U.S. political campaigns, influencing crypto policy.

 

Useful links to connect with SBF

 

Platform	Link
X (formerly Twitter)	SBF (@SBF_FTX) / X (Last active before FTX collapse)
FTX Official Website (Defunct)	https://www.ftx.com (Now redirects to legal updates)
Alameda Research (Defunct)	https://www.alameda-research.com (No longer operational)
Court Case Details (U.S. DOJ)	https://www.justice.gov (legal updates on the case)