billionaire crypto exchange company FTX co-founder Sam Bankman-Fried $ 16 billion went to zero overnight .

Sam Bankman-Fried network reached $ 26 billion at one point of time . The main reason for this fall is the bankruptcy of FTX Trading Limited .

According to a Bloomberg report, Sam Bankman-Fried has suffered the biggest loss ever

Bloomberg Billionaires Index shows zero value of FTX crypto exchange’s US business since then.

He pledged to donate all his money to animal welfare and the fight against global warming

Binance founder and CEO Changpeng Zhao recently made a tweet where he told

that his company Binance has made a deal to buy another crypto exchange company FTX.

Last year, the CEO of Binance sold his entire stake in FTX to Sam bankman fried

FTX crypto exchange received a withdrawal request of about 6 billion dollars within 3 days,