It’s no secret that the collapse of crypto exchange FTX—and the behavior of disgraced former CEO Sam Bankman-Fried—catapulted most of the crypto market into the sun. And the coins most closely associated with Bankman-Fried are, unsurprisingly, getting hit the hardest.
Such coins—including FTX exchange token (FTT), Solana (SOL), Serum (SRM), Maps.me (MAPS) and Oxygen (OXY)—were dubbed “Sam coins” for obvious reasons: Most were derived from projects backed or created by Bankman-Fried, FTX, or Alameda Research, the trading firm Bankman-Fried also founded.
