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The Collapse Of FTX: Insiders Tell All - CNBC DocumentaryMr. Bankman-Fried's fall has stunned the crypto world. But in recent months, warning signs had emerged that his business empire was in peril and. Sam Bankman-Fried, left, has resigned as head of his crypto empire. His $billion fortune has vanished. (Bloomberg via Getty Images). By. Sam Bankman-Fried's cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy protection in the U.S., according to a company statement.