He was hailed as the savior of cryptocurrencies. Now he needs billions to save | CBC News
Last week, California billionaire Sam Bankman-Fried was touted as a key figure in cryptocurrency — even a savior. Today, amid a series of apologetic tweets, he said “I’m disappointed” after his cryptocurrency exchange bled billions of dollars. Its FTX exchange is now struggling to raise $9.4 billion from investors and competitors alike as customers rush …