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CNN The Eighties June 4, 2024 02:57:00

F t ftx filed before bankruptcy yesterday and resigned the $6 billion fortune evaporated in a week. let s go to brian todd with more. reporter: it wasn t long ago that sam bankman freed was called the mark zuckerberg of crypto, a modern day j.p morgan but in the span of a week, the 30-year-old founder and ceo of ftx has resigned, has lost his fortune, his firm is in bankruptcy and by thursday in a twitter thread to investors and customers, he was saying quote i m sorry, i f-ed up and should have done better. in someways this collapse of ftx is the lee mman brother s crypto world. reporter: at the peak it was worth $32 billion and had backers like tom brady. his soon to be ex-wife super model gisele and naomi and ....

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