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Sam Bankman-Fried Lost Half a Million Dollars Every Day After Alameda Launched, Michael Lewis Claims

The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm.

FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)
FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)