- BBC seems to be at “Sam Bankman-Fried, the mop-haired, nerdy maths genius who got down to rework the world of crypto however ended up being its greatest loser.”
- Panorama will air on BBC One on September 25 at 20:00 and run for 11 months.
- Sam Bankman-Fried is the previous CEO of FTX, the crypto alternate that collapsed in 2022.
Simply days to Sam Bankman-Fried’s trial within the US, British broadcaster BBC has lined up an investigative piece on the disgraced “crypto king” who as soon as had been the darling of Wall Avenue and Capitol Hill.
Now below arrest and dealing with trial, the person who needed to alter crypto is arguably already its greatest villain to date. BBC’s investigative programme Panorama will air a documentary dubbed “Downfall of the Crypto King”.
BBC seems to be on the rise and fall of Bankman-Fried
Sam Bankman-Fried, fondly referred to as SBF in his heyday because the crypto king given his crypto empire spanning the alternate FTX, Alameda Analysis and quite a few subsidiaries, is the topic of a present that may run on BBC’s Panorama for eleven months.
SBF was the face of crypto in Washington as he appeared to make use of his affect with politicians and regulators to make FTX the most important crypto alternate on the planet. However in October 2022, the crypto genius got here caught as his $40 billion crypto firm collapsed. Over one million clients have been left dealing with billions in losses because the alternate filed for chapter in November.
Panorama’s documentary will deal with what occurred, taking interviews and investigative stories to piece collectively the crimson flags that preceded the FTX collapse. How SBF blindsided almost everybody with charity, political donations and scruffy-haired attraction kinds a part of the present.
It’s notable that FTX lately sued Bankman-Fried’s dad and mom in relation to tens of millions of {dollars} allegedly gifted to them.