In the last few days, concerns mounted about the Bahamas-based exchange’s apparent insolvency, leading to sluggish withdrawals and freefall of the FTX’s native token. In addition, FTX CEO Sam Bankman-Fried has also disappeared from the Bloomberg Billionaires Index after his estimated wealth plummeted nearly 94% to $991.5 million. Before this cash crunch, Bankman-Fried was worth an estimated $15.2 billion.