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How To Steal And Lose More Than $3 Billion In Bitcoin - CNBC DocumentaryThe exchange's founder and former CEO Sam Bankman-Fried quietly transferred $10 billion of customer funds from FTX to its sister trading company. is reportedly in the Bahamas as up to $2 billion in customer funds disappear through 'back door' Sam Bankman-Fried, founder and chief executive officer of FTX. Sam Bankman-Fried, the fallen co-founder of bankrupt FTX, said Saturday he's in the Bahamas, Reuters reported, citing a text message from him. Reuters reports that at least $1 billion worth of customer funds have vanished from the failed crypto exchange.