The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

It took fewer than eight days for Sam Bankman-Fried to go from being nicknamed the “King Of Crypto” to his company filing for bankruptcy and him stepping down as chief executive, facing federal investigations into how he handled the company’s finances.

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Over the last few years, the internet has been flooded with long interviews with him, speaking over video chat from his office desk in the Bahamas.

In some of them, there’s a distracting clicking noise.

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As his interviewees listen intently to his incredible story of how he became a multibillionaire in five years, the sound is persistent and clearly coming from the American entrepreneur’s mouse.

“Click, click, click,” it goes, in rapid, on-off bursts.

Meanwhile, Mr Bankman-Fried’s eyes dart around the screen.

It’s not clear from the videos what he’s doing on his computer, but his tweets can give us a pretty good clue.

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“I’m (in)famous for playing League of Legends while on phone calls,” he tweeted in February 2021.

Mr Bankman-Fried – the former boss of embattled cryptocurrency exchange FTX – is an avid gamer. And in a series of tweets to his nearly one million followers, he explained why. Playing the team fantasy battle game was his way to get his mind to switch off from running two companies trading billions of dollars a day.

By Joe Tidy Cyber reporter || bbcnews

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