Sam Bankman-Fried

Who is Sam Bankman-Fried?

Sam Bankman-Fried is a successful cryptocurrency entrepreneur and business leader. He is the CEO and co-founder of FTX, a trading platform for cryptocurrency derivatives.

Bankman-Fried received his bachelor's degree in physics from the Massachusetts Institute of Technology (MIT) and later earned a master's degree in applied mathematics from Stanford University. Prior to co-founding FTX, he worked as a quantitative trader at Jane Street Capital, a quantitative trading firm.

The Rise of FTX

Since its launch in May 2019, FTX has rapidly grown to become one of the leading cryptocurrency trading platforms in the world. The platform offers a wide range of trading products, including futures contracts, options, leveraged tokens, and prediction markets, catering to both retail and institutional traders.

Under Bankman-Fried's leadership, FTX has raised over $900 million in funding and has formed major partnerships with high-profile companies such as the Miami Heat and Tom Brady. As an advocate for effective altruism, Bankman-Fried has also donated millions of dollars to various charitable causes.