His Bahamas-based FTX had just secured $400 million from top venture capitalists at a $32 billion valuation.
Bankman-Fried is probably broke and awaiting trial. He was arrested in the Bahamas
Changpeng Zhao, CEO of Binance, crypto's largest exchange, has the most to lose.
Forbes estimates Binance's 70% ownership at $4.5 billion, down from $65 billion in March.
CZ's November 6 tweet suggesting Binance would sell the remaining FTT helped kill FTX.
Crypto market contagion starts with Digital Currency Group CEO Barry Silbert.
Coinbase stock has down 64% since August and almost 95% since its $100 billion IPO in April 2021.