Inside the mind of the crypto billionaire who lost it all

Inside the Bahamian penthouse after FTX’s fall, billions of dollars of customer money is missing, investigators are circling, and the 30-year-old former CEO admits his company broke its own rules, writes Zeke Fauk

Samuel Bankman-Fried has been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. Picture: Craig Barritt/Getty Images

Sam Bankman-Fried’s $30m Bahamas penthouse looks like a dorm after the students have left for winter break. 

The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom.