The Crypto Bros Turn Against Fallen FTX Founder Bankman-Fried

Published by
The Street

By Luc Olinga The club of cryptocurrency kings has turned against its unofficial former president Sam Bankman-Fried following his downfall. How fast things go in the world of crypto intrigue. Two weeks ago, Sam Bankman-Fried, the founder of FTX, was still a king maker. He certainly rubbed his peers the wrong way as he tried to influence the regulation of the sector. The industry, however, was happy to see him use his fortune to lobby lawmakers in favor of cryptocurrencies. If he annoyed his rivals, they dared not say so in public. Even his feud with Changpeng Zhao, co-founder and CEO of Binanc…

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