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FTX’s small investors biggest losers in fallout: Former FDIC Chair Bair
Sheila Bair: Sam Bankman-Fried built credibility through his network
Former FDIC chair Sheila Bair explains why she was shocked by the collapse of FTX under founder Sam Bankman-Fried on ‘Cavuto: Coast to Coast.’
The collapse of crypto exchange FTX continues to send shockwaves through the market as more details emerge about the house of cards built by founder Sam Bankman-Fried, leaving analysts scratching their heads over how so many sophisticated investors could have been duped in the scheme.