Fans were shocked to hear about the CEO of FTX Sam Bankman-Fried Death news circulating over various social media platforms.
One of the heads of the crypto exchange, Bankman-Fried is known for being the CEO and a founding member of FTX. A few years back, he was considered an expert in the crypto world.
So, is he truly dead, or just a Dead Hoax victim? It looks like Sam Bankman-Fried Death News is just a hoax to cover up his recent fall in the crypto world.
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Sam Bankman-Fried Death Hoax: Is He Dead Or Alive?
Reknown name in crypto exchange, Sam Bankman-Fried is perfectly fine at least physically, as of this writing. The entrepreneur isn’t dead by any means, and the bulletin of his passing away could be a hoax.
However, his mental state could be alarming as the recent breakdown in FTX crippled all crypto exchanges.
Similarly, a death hoax has always been a part of the web since its origin. A contrasting group of depressed people goes on the Internet and misuse social media power to negatively influence a person or community.
Likewise, they share disguised news about many well-known personalities, and Sam Bankman-Fried became the victim this time.
Strictly speaking, the FTX headman was spotted recently in the Bahamas on 11 November 2022.
Maybe, Sam Bankman-Fried Death News is just a hoax to cover up his recent fall in the crypto world. Also, he could be chilling down in the Bahamas after his customers’ billion dollars go missing in the Company collapse.
What Happened To The CEO of FTX?
It is still unsure who started his Sam Bankman-Fried death rumors. Actually, his crypto trading and exchange Company, FTX collapsed recently this week.
Reports suggest that customers’ funds went missing by almost $2 billion after the fall. After the clients’ funds went missing, his Company filed for bankruptcy, which suddenly collapsed.
Moreover, FTX had gone through a $16 billion implosion while Sam had been busy funneling funds to a sister crypto trading group that his girlfriend runs.
Furthermore, his customers were in a dilemma over their invested money after the news of his early demise circulated on the Internet.
The owners often spread such misleading information to escape hate and punishment. As of now, nobody knows the origin of Sam Bankman-Fried’s death hoax.
Perhaps, his death news is just a hoax to cover up his recent crypto fall.
Actual Facts About Sam Bankman-Fried
Here we present a few exciting and 100% legit facts about the CEO of FTX, Sam Bankman-Fried.
- The FTX’s CEO is a physics graduate. He completed his graduation from the Massachusetts Institute of Technology.
- Bankman-Fried is a self-claimed humanitarian. He pledged to give away a billion dollars every year to several philanthropic organizations. But his donation news hasn’t been confirmed.
- Sam Fried supports Biden and his administration as reports suggested that he spent at least $5.2 billion for Biden’s election Campaign.