Sam Bankman-Fried, many people really know him for being one of the greatest hackers in history and others simply for being one of the best scammers of all time, what do you think? After the bankruptcy of FTX Exchange, I can mention that this guy has lost a lot of reputation on the internet and that is something serious, I have read many articles on the internet that reveal that Sam Bankman-Fried has already been arrested, that is, he is currently in jail.
I have noticed that Alameda Research had strong ties with FTX Exchange and especially with Sam Bankman-Fried, but in this case, Alameda Research had personal contact with Sam Bankman-Fried, what I mean is that basically, these two people were meeting maybe secretly so that FTX Exchange would go bankrupt, not only this but also in debt and you know the rest, money for my pocket.
It is something really incredible the arrest of this guy, this simply means that the guy had to do with the whole FTX bankruptcy and that is very clear to us, but from my point of view I must mention that Alameda Research was the holder of more than 90% of the FTT tokens in circulation, this means that this was coming, of course, many people know that Binance also had something to do with this but not at all, when Binance invested money in FTT token they did it thinking to support the project, but when Binance CEO realized that Alameda Research was the biggest FTT token holder at once they sold all their tokens and many users heard the news and nobody wanted to buy the token anymore and there were simply no more purchase orders and simply the demand for the token ended and this is all that happened.
Now, now we know what happened and we must take into account the relationship that Sam Bankman-Fried had with Alameda Research and possibly these people together were talking about malicious business and that is something obvious lions, because simply now Sam Bankman-Fried is behind bars and it is simply because he has committed a crime.
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