Epoch Insight Magazine - The Fall Of Crypto's Top Star (Week 49)

Epoch Insight Magazine - The Fall Of Crypto's Top Star (Week 49)

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Cryptocurrency markets have been in chaos for the past month.

Sam Bankman-Fried's crypto exchange, FTX, failed in a matter of days in early November following a report that exposed potential leverage and solvency problems with his trading firm, Alameda Research, revealing "unusually close" ties between Alameda Research FTT token and FTX, that made investors uneasy and prompted a massive sell-off of FTTs.

In this week's edition, we trace the chain of events that ultimately led to the downfall of crypto billionaire Bankman-Fried and his business, which is one of the biggest financial meltdowns of the decade.