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Bangkok Post
Bangkok Post
Business

The 30-Year-Old Spending $1 Billion to Save Crypto

Sam Bankman-Fried FTX Crypto BlockFi Bitcoin Liquid Alameda Celsius Voyager Alameda Research
Sam Bankman-Fried says his goal is to bring crypto to the masses. (Photo: Bloomberg)

Crypto is ailing. Sam Bankman-Fried is betting a billion dollars he can fix it.

The chief executive of cryptocurrency exchange FTX Trading Ltd. has appointed himself the industry's savior -- and crypto investors are closely watching his moves after months of market carnage.

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