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The $32 Billion Crypto Scammer
Sam Bankman-Fried on stage with Tony Blair and Bill Clinton. (Twitter)
Sam Bankman-Fried was hailed as the next Warren Buffett. Now he looks more like the next Elizabeth Holmes. Or perhaps Bernie Madoff.
By Michael W. Green
11.14.22
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“The Next Warren Buffett.” That’s how Fortune magazine dubbed Sam Bankman-Fried, the crypto wunderkind who wore shorts, schlubby socks, and sneakers on stage with Bill Clinton and Tony Blair. But Bankman-Fried, worth an estimated $32 billion at his height, wouldn’t just be a financial oracle like Buffett. He would also be the second-coming of George Sor…

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Michael W. Green
Michael is Chief Strategist and Portfolio Manager for Simplify Asset Management. Michael has been noted for his work as a market theoretician and financial media participant. He is a graduate of the University of Pennsylvania and a CFA holder.
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Economics
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