# Who’s the most hated person of 2022?

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2022-12-26
**URL:** https://paragraph.com/@durwin/who-s-the-most-hated-person-of-2022

## Content

SBF is now “free” and back in time for Christmas with his family in California after posting $250M bail, a record amount in the history of bail bonds.Close your eyes and take a deeeeeeeep breath. Now try to think of the most **hated** person of 2022. Was it Liz Truss? Elon Musk? Donald Trump? Amber Heard? Martin Shkreli? How about Sam Bankman-Fried? I would say that he rank pretty high up there. For all the drama and chaos Sam has caused, he might just the most hated man in 2022. Think about all the people he affected. The amount of money lost. The pain and suffering he caused to the millions of customers that trusted FTX. This was so much worse than Bernie Madoff.Liz 45 day tenure as the UK Prime Minister shocked and disappointed many.At least the ones scammed by Bernie were richer elites, not the common joe who put in their life savings and whatever they had to use a crypto exchange. This was such a gut punch in the most despicable and deplorable manner ever. It’s like hitting someone in the groin… with a bus… at full speed… and then reversing over them again to make sure. It is understandable why he might be the most hated person in 2022. SBF went from hero to zero in a few days. His networth went from billions to $100k in record time. Actually, it might have set a new record for fastest drop in wealth. By the time journalists learnt about it and started reporting the news, his networth was falling like the FTT token value which now stands at $0.914188 USD.No one garnered more hate than Amber Heard, for the fiasco she put Johnny Depp through.At its peak: FTX, the crypto exchange was worth about $32B. FTT was worth about $25. And SBF, the wonderkid was worth around $16B. FTX had $10B of customers deposits. Under their terms and conditions, FTX was not allowed to use customer’s deposits for any other purpose without their consent. Challenge accepted. SBF actually tasked his engineers to build a back door and directly channel the customer funds straight to Alameda Research. That is blatantly criminal and wrong on so many levels. Alameda Research, which he co-owns, went on to gamble away the funds like drunk frat boys at the las vegas casino. Oh did I mention that Alameda Research was run by his ex-girlfriend?Caroline, CEO of Alameda Research and self-proclaimed Ravenclaw, was quite a character herself.So just like that, billions of customer’s money vaporised and the dominos fell, and boy did they fell HARD. It took 3.5 years to build FTX into the behemoth that it was. It only took less than a day for all of it to unwind. How did investors, analysts, pundits, influencers and the media all miss this? Where was the promised due diligence? Did we not learn anything from 3AC, Do Kwon, Celsius, Blockfi, Bernie Madoff, Theranos, Adam Neumann…? Why do such things keep happening in crypto? Perhaps it is a good thing. The sooner we flush out these bad actors, the sooner the market can recover, rebuild and prosper once more. - Is Sam Bankman-Fried the most hated person in 2022? - #startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #sbf #sambankmanfried #hatedperson2022 #ftx #scam #ftt

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