How the fall of the 'King of Crypto' cost one British man millions - BBC News

As Sam Bankman-Fried awaits trial for fraud, his former investors wonder if they will ever recoup their losses.

9 hours agoShareclose panelShare pageCopy linkAbout sharingBy Joe TidyCyber correspondentWith the so-called "King of Crypto" about to go on trial for multiple fraud charges, one British man tells how the collapse of Sam Bankman-Fried's company lost him a fortune.

Until the final collapse, Sunil Kavuri hoped that Sam Bankman-Fried could turn things around.

The King of Crypto's empire was faltering but while others panicked, Kavuri remained calm.

Experience in trading for banks and investing his money in crypto made him hardened to market dramas.

Plus Bankman-Fried - the self-appointed saviour of crypto - kept telling the world that everything would be fine.

https://www.bbc.co.uk/news/technology-66892685?at_medium=RSS&at_campaign=KARANGA

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