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name Sam bankman freed has been in a lot of headlines this week but who actually is he heamp;#39;s known for his Halo of curly hair which he gets cut once a year in recent years bankman freed better known as SPF had been gaining ground as one of the most powerful figures in crypto in 2019 he founded a crypto exchange company known as FTX and had his hand in multiple related businesses at one point his fortune was valued at 16 billion dollars fast forward to earlier this week when FTX Came Crashing Down hereamp;#39;s what we know so far an investigation was opened into FTX by the US SEC and the cftc about whether FTX properly handled customer funds FTX was run by sbfamp;#39;s roommates a gang of kids in the Bahamas who all dated each other I lived with 10 colleagues and we do have a house dog his name is gopher also SPF lost 94 of his wealth in one day and just today he resigned as CEO of FTX as the company filed for chapter 11 bankruptcy