Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said it will initiate bankruptcy proceedings in the United States, capping off a tumultuous week for the industry.
Representations of cryptocurrencies are seen in front of displayed decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration
Bankman-Fried later graduated from the Massachusetts Institute of Technology with a degree in physics. He traded currencies, futures and exchange-traded funds for Jane Street Capital.
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