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Alternative Investment

FTX Collapse: Bankman-Fried’s Rise Ends in a Jail Cell

What a coincidence!

On December 11, 2008, almost fourteen years to the day, conman Bernie Madoff was arrested at his apartment in New York and was charged with having been the mastermind of a Ponzi scheme that had swallowed up at least $65 billion. 

This fraud is considered one of the biggest financial fiascos in history.

Photos of the former chairman of the Nasdaq stock exchange, with his silver hair, were strewn across the headlines. He was the face of financial greed.

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