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earlier this summer you thought you had what 32 billion probably 20 but uh a whole lot more than I do now to my knowledge I have basically nothing left this guy went from crypto King to facing massive fraud charges Sam bankman freed founder of FTX built one of the largest cryptocurrency exchanges in the world starting with Alam research in 2017 he leveraged Arbitrage opportunities in the crypto markets rapidly amassing wealth by 2021 FTX was valued at $32 billion and bankman friedamp;#39;s net worth soared to over $16 billion however in 2022 FTX collapsed amid allegations of Fraud and misuse of customer funds bankman fried was arrested and charged with multiple counts of Securities fraud and money laundering his dramatic rise and fall highlight the volatility and risks in the crypto world