Former FTX users say the failed crypto exchange was a ‘Ponzi scheme.’ Here’s how those work and what we know about how Sam Bankman-Fried operated – Yahoo Finance

Until recently, Sam Bankman-Fried, or SBF, was cryptos golden boy, known for building his cryptocurrency exchange, FTX, into a $32 billion giant in just two years.
But the disheveled, left-leaning 3… [read more]