It is nothing new that the crypto market is mainly unstable, but no one has ever seen such large-scale funds managed improperly by well-known tycoons. This young industry has become more and more dirty, which surprised everyone, especially after the bull market last year.

In 2022, it will be destroyed by corruption and fraud. An industry that claimed to have a traceability system and announced trading saw a large number of funds being deliberately transported in bold and distinctive forms. NFT was stolen, but no one knows what to do. The basketball tensile resistance has caused damage to DeFi indoor space. So far, there are no trillions of dollars in the market.

Now all that remains is the mediocre and arrogant stories of some fallen high-ranking officials, whose stories have brought key lessons to those who know them closely. Let's look at that year together.

Sam Bankman Fried

The paralysis of FTX has a greater impact on the market, which means the fall of the golden boy in the industry. Sam Bankman Fried resigned as FTX CEO, which declared bankruptcy in November. He had been touted to the new Bernie Madoff.

Her message in the news media tour speech is the same as the statement "I am a fool, not a fraud company". The former FTX management has received a series of accusations and has been accused of cheating nearly one million people.

Bankman Fried and his former close friends/friends were accused of committing billions of dollars of international fraud in just three years, while bribing millions of dollars to political candidates. After you communicated with a journalist's fanatical DM about the scandal, you interviewed him. For this 30-year-old billionaire, a high-ranking official, it was a train crash.

Because SBF's trading center faced a very large liquidity tightening in a withdrawal hurricane, and was completely unable to honor the redemption request, all of which made SBF despair. Some of the most surprising case clues uncovered by the liquidator can find their own:

Although @ FTX_ Official's rush is now widely known, but do you know that customers browse public key and important secret data by insecure group email?

The bankruptcy filing gives several surprising claims, some of which are listed below.