Bankman Freed's Influence on the US Democratic Party

FTX's collapse upends a long-running narrative about Sam Freed. As apparent frauds like Terra and Celsius unwound in the first half of 2022, Bankman Freed was often seen as a sober counterpoint. But there have been increasing signs that this framing was, at best, over-simplified. By one preliminary estimate, this week's disaster means Bankman Freed is no longer a billionaire personally.