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- [Narrator] Over $150 billion. In three days, thatamp;#39;s how much the worldamp;#39;s 15 largest cryptocurrencies lost in market value. Itamp;#39;s because of the Crypto Exchange platform FTX, which is behind this , named FTT. On November 6th, the amp;#39;s value began to fall, losing more than 80% of its worth in the span of 72 hours. Once seen as a survivor in a struggling market, the fall of FTX has sent shockwaves through the cryptocurrency industry. So, what went wrong? FTX is the brainchild of Sam Bankman-Fried. Heamp;#39;s commonly known as SBF on social media. Heamp;#39;s been previously hailed as a savior of the crypto industry. - You were called the JP Morgan of crypto. - [Sam] Yep. - Does that bother you or not? - It doesnamp;#39;t bother me too much. - [Narrator] Bankman-Fried founded the quantitative trading firm Alameda Research in 2017. Two years later, he started FTX, an exchange platform for buying or selling cryptocurrencies. Right now, heamp;#39;s the majo
