FFTX
Ch. 21|FTX Collapse
Sam Bankman-Fried was on the cover of Forbes and Fortune. He testified before Congress. He was going to regulate crypto from the inside. Then, over six days in November 2022, his $32 billion empire evaporated. Trustless reconstructs the FTX collapse day by day — the CoinDesk article that lit the fuse, the Binance withdrawal that broke the dam, the 3:00 AM phone calls, and the $8 billion hole that no one could explain. The most trusted man in crypto was a fraud.