Sam Bankman Biography and Net Worth and Why He's Currently Trending

This business mogul in the last few hours has been trending on all media platforms after the news of his arrest today in the Bahamas following charges filed by US prosecutors broke today. We deemed it necessary to bring you his full biography and all the details there are to the matter.

Who is Sam Bankman-Fried?

The 20 billion dollars rich man who is popular for founding the failed FTX crypto exchange. His real names are Samuel Bankman-Fried. 

Biography

Age:

He was born in Sandford, California, USA on the 6th day of March 1992. He is currently aged 30 years. 

Nationality: American

Parents: 

Mr and Mrs Bankman Fried, Father is Joseph Bankman while mom is Barbara Fried. Parents are both are both teachers at Standford Law School and have risen to the rank of professors.

Relationship & Girlfriend

He is not yet married and we don't have details about his girlfriend. He doesn't have any children or a wife and we don't know his siblings yet.

Education:

His earlier education was from USA/Canada Mathchamp and was exceptional in maths during his high school days. He later advanced and graduated with a degree in Physics from the Massachusetts Institute of Technology (MIT). 

Net worth:

He is worth around $20 Billion as at the time of writing this article.

Career: 

You might be wondering how sam made his money after graduating from MIT and when he became a billionaire. Well, his fortune came at age 30 when his net worth rose and he was named as one of the youngest USA billionaires. 

Most of his wealth came from cryptocurrency. He even founded a crypto exchange platform called FTX which later failed and is part of the reason he is being charged by USA prosecutors with criminal offenses.

He has been an age-long crypto trader who worked with the renowned quantitative crypto trading firm, Almeda Research.

His recent arrest in the Bahamas

The US prosecutors are currently charging him for criminal offenses this was upon the request of US government. According to the story he was indicted by a petition filed by SDNY. He is set to appear in court on Tuesday. The Securities and Exchange Commission are also pursuing a separate charge against him for violations of securities laws.

His arrest has been confirmed by Alameda his partner crypto trading firm. He and his legal team however denied CNN's interview request. We shall follow up the matter and see how it unfolds.