Visualizing FTX's Ponzi Scheme
The graft must be visualized to be believed.
Sam Bankman-Fried, FTX's notorious founder, ran a modern-day ponzi scheme. Rather than retirees, his victims were sycophantic believers in cryptocurrency.
Like Trump, Bankman-Fried has only disdain for his most loyal supporters. How else could one explain how customer deposits (lefthand side) were used as a personal slush fund?
The graft must be visualized to be believed.
White-collar pain
Sam Bankman-Fried, currently detained in a Brooklyn prison, is not doing well these days. And, despite his deep pockets, Bankman-Fried's nightmare is likely just starting.
Properly delivered, justice can be long and harsh.