Bankman-Fried Says Worth ‘Close to Nothing,’ Has No Secret Funds

Sam Bankman-Fried, who at one point was worth $26 billion, claims he now has “close to nothing.”

The fallen crypto mogul held all his assets in his now-bankrupt FTX exchange and sister trading house Alameda Research, he said in a video interview with columnist Andrew Ross Sorkin at the New York Times DealBook Summit on Wednesday.

Bankman-Fried, 30, who remains in the Bahamas, said he’s left with just one working credit card linked to a bank account with $100,000. He added that he’s disclosing everything and has no hidden funds.

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