Crypto News: How the mighty are fallen as Sam Bankman-Fried goes from hero to zero, DOGE dealing in Turkey outstrips Ethereum and Bitcoin combined, and the XRP Army goes on maneuvers.
FTX CEO Down to His Last Billion
Hubris. Arrogance. Self-important. Some of the epithets directed towards Sam Bankman-Fried following the demise of FTX.
The unraveling of an empire can be traced back to a tweet sent by influencer Ben Armstrong, alias BitBoy. Armstrong, not one to shy away from controversy himself, let rip with this tweet.
But the cracks began to show last weekend when Binance CEO CZ startled the crypto market by announcing he was…