The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world

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The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world
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Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.

Signage for the FTX Arena, where the Miami Heat basketball team plays, is visible Saturday in Miami.

Sam Bankman-Fried received numerous plaudits as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire. Now the comments about the 30-year-old aren't so kind.

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