Sam Bankman-Fried had a meteoric rise and an even sharper fall, from running a £21bn crypto empire to facing a possible jail sentence of more than 100 years. But who is the curly haired 31-year-old, and how did he reach this point?
The trial of the founder of the FTX cryptocurrency exchange is due to start on Tuesday 3 October.Bankman-Fried grew up in California's wealthy San Francisco Bay area, where he attended a $56,000-a-year school.He studied at the Massachusetts Institute of Technology where he lived in a group house called Epsilon Theta, which promotes itself as an alcohol-free community"known for liking beanbags, board games, puzzles, and rubber ducks".
He pushed back against claims of drug and alcohol use at FTX, telling the New York Times' DealBook Summit there were no"wild parties" at the company. While studying, he was reportedly considering a career in animal welfare, having organised a protest against factory farming in his first year of college.
When Bankman-Fried took a job at quantitative trading firm Jane Street after graduating, he said he donated about half of his salary to charities, including animal welfare organisations.
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