--- title: Sam Bankman-Fried’s shadow still looms over the crypto... description: Sam Bankman-Fried, the fallen crypto founder, knew full well about the fraudulent activities of FTX, including borrowing customer funds and fabricating balance... canonical: https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Sam Bankman-Fried’s shadow still looms over the crypto industry | daily.dev og:description: Sam Bankman-Fried, the fallen crypto founder, knew full well about the fraudulent activities of FTX, including borrowing customer funds and fabricating balance... og:url: https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4 og:image: https://api.daily.dev/og/posts/o7Yzbk7f4.png og:image:alt: Sam Bankman-Fried’s shadow still looms over the crypto industry og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Sam Bankman-Fried’s shadow still looms over the crypto industry **[The Verge](https://daily.dev/sources/theverge)** · 5 min read · 1 upvotes · 0 comments ## Summary Sam Bankman-Fried, the fallen crypto founder, knew full well about the fraudulent activities of FTX, including borrowing customer funds and fabricating balance sheets. Despite the condemnation from others in the industry, the rest of the crypto industry must now grapple with the aftermath and restore public trust. Bankman-Fried was once seen as a poster child for the industry, but the trials and revelations have exposed the lack of oversight and acceptance of fraudulent behavior in the crypto industry. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 1 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#ftx](https://daily.dev/tags/ftx) [View this post on daily.dev](https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Sam Bankman-Fried’s shadow still looms over the crypto industry","url":"https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4"},"datePublished":"2023-11-04T13:02:44.341Z","dateModified":"2023-11-04T13:02:25.011Z","description":"Sam Bankman-Fried, the fallen crypto founder, knew full well about the fraudulent activities of FTX, including borrowing customer funds and fabricating balance...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e2608edaac58bf7b3aa86218129c3ff4?_a=AQAEufR","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e2608edaac58bf7b3aa86218129c3ff4?_a=AQAEufR","isAccessibleForFree":true,"articleSection":"The Verge","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Verge","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/eacb57b3570d4f04b1f0dc8f834d8135","url":"https://daily.dev/sources/theverge"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/sam-bankman-fried-s-shadow-still-looms-over-the-crypto-industry-o7yzbk7f4","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ftx","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Verge","item":"https://daily.dev/sources/theverge"},{"@type":"ListItem","position":3,"name":"Sam Bankman-Fried’s shadow still looms over the crypto industry"}]} ```