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in a matter of just a few short days Sam bankman freeze net worth went from 16 billion dollars to zero as his Trading Company Alameda and his cryptocurrency exchange FTX both filed for bankruptcy and not only has SPF lost a docHub amount of his fortune but the Scandal has led to many cryptocurrencies losing up to 80 of their value wiping out what could be trillions of dollars of peopleamp;#39;s net worth pretty much overnight all while destroying pretty much all trust in cryptocurrency but as complicated as this whole thing seems itamp;#39;s really not that complicated at all this is a classic case of somebody borrowing money that doesnamp;#39;t belong to them without consent and losing it in the process only to be found out and cause a run in the bank but before we get into all the details my name is Nolan Mathias and if you are somebody who wants to thrive financially this is the place for you so go ahead click that subscribe button and at the end of it if you like this video