{"id":1213853,"date":"2023-12-22T08:04:15","date_gmt":"2023-12-22T13:04:15","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1213853"},"modified":"2023-12-22T08:04:15","modified_gmt":"2023-12-22T13:04:15","slug":"from-cz-to-sbf-2023-was-the-year-of-the-fallen-crypto-bro","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1213853","title":{"rendered":"From CZ to SBF, 2023 was the year of the fallen crypto bro"},"content":{"rendered":"<div id=\"rss-wrap\">\n<figure class=\"intro-image intro-left\">\n  <img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/12\/crypto-bros-framed-800x450-1.jpg\" alt=\"From CZ to SBF, 2023 was the year of the fallen crypto bro\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\"><a href=\"https:\/\/cdn.arstechnica.net\/wp-content\/uploads\/2023\/12\/crypto-bros-framed.jpg\" class=\"enlarge-link\" data-height=\"1440\" data-width=\"2560\">Enlarge<\/a> (credit: Aurich Lawson | Getty Images (Bloomberg\/Antonio Masiello))<\/p>\n<\/figure>\n<div><a name=\"page-1\" \/><\/div>\n<p>Looking back, 2023 will likely be remembered as the year of the fallen crypto bro.<\/p>\n<p>While celebrities <a href=\"https:\/\/www.sec.gov\/news\/press-release\/2022-183\">like Kim Kardashian<\/a> and <a href=\"https:\/\/variety.com\/2022\/digital\/news\/matt-damon-mocked-cryptocurrency-crash-1235294923\/#:~:text=In%20the%20Crypto.com%20ad,NBC%27s%20Super%20Bowl%20LVI%20telecast.\">Matt Damon<\/a> last year faced public backlash after shilling for cryptocurrency, this year&#8217;s top headlines traced the downfalls of two of the most successful and influential crypto bros of all time: FTX co-founder Sam Bankman-Fried (often referred to as SBF) and Binance founder Changpeng Zhao (commonly known as CZ).<\/p>\n<p>At 28 years old, Bankman-Fried made <a href=\"https:\/\/www.forbes.com\/30-under-30\/2021\/finance\/?profile=sam-bankman-fried\">Forbes&#8217; 30 Under 30 list<\/a> in 2021, but within two short years, his recently updated <a href=\"https:\/\/www.forbes.com\/profile\/sam-bankman-fried\/?list=30under30-finance&amp;sh=cef17bd44490\">Forbes profile<\/a> notes that the man who was once &#8220;one of the richest people in crypto&#8221; in &#8220;a stunning fall from grace&#8221; now has a real-time net worth of $0.<\/p>\n<\/div>\n<p><a href=\"https:\/\/arstechnica.com\/?p=1992122#p3\">Read 24 remaining paragraphs<\/a> | <a href=\"https:\/\/arstechnica.com\/?p=1992122&amp;comments=1\">Comments<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Ars Technica &#8211; <a href=\"https:\/\/arstechnica.com\/?p=1992122\" target=\"_blank\" rel=\"noopener\">From CZ to SBF, 2023 was the year of the fallen crypto bro<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enlarge (credit: Aurich Lawson | Getty Images (Bloomberg\/Antonio Masiello)) Looking back, 2023 will likely be remembered as the year of the fallen crypto bro. While celebrities like Kim Kardashian and Matt Damon last year faced public backlash after shilling for &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1213853\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1213854,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1213853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1213853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1213853"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1213853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1213854"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1213853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1213853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1213853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}