The Rise and Fall of Sam Bankman-Fried (FTX)

In the spring of 2022, Sam Bankman-Fried was worth around $26 billion. Within a single week that November, his crypto exchange FTX collapsed. In September 2026, his lawyers asked the U.S. Supreme Court to overturn his conviction. This video follows court records, the CFTC, SEC and U.S. Department of Justice announcements, the MIT Sloan case study and published reporting. Allegations by regulators are stated as allegations; the criminal conviction was upheld on appeal in June 2026. [Chapters] 0:00 November 2022 0:43 The idea 1:57 The empire 2:46 The rescuer 3:20 Where the money went 4:06 The collapse 5:36 The case 7:12 2026 8:28 The price [Sources] CFTC Release 8638-22, "CFTC Charges Sam Bankman-Fried, FTX Trading and Alameda with Fraud and Material Misrepresentations" (2022-12-13): https://www.cftc.gov/PressRoom/PressReleas... SEC Press Release 2022-219, "SEC Charges Samuel Bankman-Fried with Defrauding Investors in Crypto Asset Trading Platform FTX" (2022-12-13): https://www.sec.gov/news/press-release/202... U.S. Attorney's Office SDNY, "United States Attorney Announces Charges Against FTX Founder Samuel Bankman-Fried" (2022-12-13): https://www.justice.gov/usao-sdny/pr/unite... U.S. Attorney's Office SDNY, "Samuel Bankman-Fried Sentenced To 25 Years In Prison" (2024-03-28): https://www.justice.gov/usao-sdny/pr/samue... U.S. Attorney's Office SDNY, "Statement Of U.S. Attorney Damian Williams On The Conviction Of Samuel Bankman-Fried" (2023-11-02): https://www.justice.gov/usao-sdny/pr/state... Reporting: MIT Sloan case study (2024), CNBC (2022), CNN (2022), CoinDesk (2022), TechCrunch (2024), ABC News (2026), Al Jazeera (2026), The Cryptonomist (2026), Courthouse News Service (2026) [Footage] MIT Bitcoin Club, "MIT Bitcoin Expo 2022: Breaking Through - Fireside Chat with Sam Bankman-Fried FTX" (CC BY)    • MIT Bitcoin Expo 2022: Breaking Through - ...   SALT, "Crypto State of the Union", Crypto Bahamas 2022    • Crypto State of the Union with Sam Bankman...   AI-generated footage (Google Gemini / Veo) — illustration, not real footage AI-generated image (Google Gemini), animated — illustration, not a real photo [Photos] Wikimedia Commons (CC BY 2.0, CC BY 3.0, CC BY 4.0, CC BY-SA 2.0, CC BY-SA 3.0, CC BY-SA 4.0, CC0, Public domain). Full credits for every photo and source: see the pinned comment. #SamBankmanFried #FTX #Crypto #Documentary #TrueStory