The famous Samuel Bankman-Fried, also known by his initials SBF, is an American entrepreneur, investor, and founder and former CEO of the cryptocurrency exchange FTX, FTX.US, and quantitative cryptocurrency trading firm Alameda Research.
In September 2017, Bankman-Fried left Jane Street and moved to Berkeley, where he worked briefly at the Centre for Effective Altruism as director of development from October to November 2017. In November 2017, he founded Alameda Research, a quantitative trading firm along with Tara Mac Aulay from the Centre of Effective Altruism.
As of 2021, Bankman-Fried owned approximately 90% of Alameda Research. In January 2018, Bankman-Fried organized an arbitrage trade, moving up to $25M per day, to take advantage of the higher price of bitcoin in Japan compared to in America. After attending a late 2018 cryptocurrency conference in Macau, he moved to Hong Kong. He founded FTX, a cryptocurrency derivatives exchange, in April 2019, and it then launched the following month.
Who are Sam Bankman-Fried’s parents?
Bankman-Fried parents are Barbara Fried and Joseph Bankman, both professors at Stanford Law School. Stanford Law School (Stanford Law or SLS) is the law school of Stanford University, a private research university near Palo Alto, California. Established in 1893, it is regarded as one of the most prestigious law schools in the world.
Stanford Law has regularly ranked among the top three law schools in the United States by U.S. News & World Report since the magazine first published law school rankings in the 1980s, and has ranked second for most of the past decade.
In 2021, Stanford Law had an acceptance rate of 6.28%, the second-lowest of any law school in the country. Since 2019, Jennifer Martínez has served as its dean.
