From CZ to SBF, 2023 was the yr of the fallen crypto bro

From CZ to SBF, 2023 was the year of the fallen crypto bro

Enlarge (credit score: Aurich Lawson | Getty Photographs (Bloomberg/Antonio Masiello))

Wanting again, 2023 will probably be remembered because the yr of the fallen crypto bro.

Whereas celebrities like Kim Kardashian and Matt Damon final yr confronted public backlash after shilling for cryptocurrency, this yr’s high headlines traced the downfalls of two of probably the most profitable and influential crypto bros of all time: FTX co-founder Sam Bankman-Fried (sometimes called SBF) and Binance founder Changpeng Zhao (generally often known as CZ).

At 28 years previous, Bankman-Fried made Forbes’ 30 Below 30 listing in 2021, however inside two quick years, his lately up to date Forbes profile notes that the person who was as soon as “one of many richest individuals in crypto” in “a shocking fall from grace” now has a real-time web value of $0.

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