Asian Spectator

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FTX bankruptcy is bad news for the charities that crypto mogul Sam Bankman-Fried generously supported

  • Written by Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University
FTX bankruptcy is bad news for the charities that crypto mogul Sam Bankman-Fried generously supportedFTX founder Sam Bankman-Fried has lost the fortune he aimed to give away. Craig Barritt/Getty Images for CARE For Special Children

FTX, an exchange for trading cryptocurrencies, quickly became bankrupt and defunct in November 2022. Its founder, Sam Bankman-Fried, is broke, and the 30-year-old former billionaire could be in serious legal trouble for...

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