How much money did Bankman-fried invest in FTX?

Yet more than 80 investors went along with his vision, pouring nearly $2 billion into FTX in just two years. Now investors are under scrutiny, too, for enabling Mr. Bankman-Fried with so little oversight.

What has Bankman-fried done with FTX?

In the three years since Mr. Bankman-Fried launched FTX, the company, its executives and its philanthropic arm spent or pledged hundreds of millions of dollars in political and charitable contributions, consulting fees, investments in media outlets and even real estate.

Who is Sam Bankman-fried?

Sam Bankman-Fried, FTX’s founder, once told interested investors to “support him and observe.” Erika P. Rodriguez for The New York Times Erin Griffith reports on start-ups and Silicon Valley, and David Yaffe-Bellany reports on crypto. Sam Bankman-Fried ’s pitch to investors was not much of a pitch: It was a take-it-or-leave-it offer.