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#31 - FTX & Sam Bankman-Fried: SBF, a polycule, amphetamines and the biggest crypto scam in history
Where do we begin with this mess?The world's second biggest exchange, and crypto's golden boy has collapsed in a matter of days - from $36b to nothing.
Even by crypto standards this story is absurd. Allow us to take you through it.
Links
The FTX "balance sheet"
How Sam Bankman-Fried’s Crypto Empire Collapsed – NY Times
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit downround.substack.com/subscribe
See omnystudio.com/listener for privacy information.
View all episodes
By Down Round
4.7
77 ratings
Where do we begin with this mess?The world's second biggest exchange, and crypto's golden boy has collapsed in a matter of days - from $36b to nothing.
Even by crypto standards this story is absurd. Allow us to take you through it.
Links
The FTX "balance sheet"
How Sam Bankman-Fried’s Crypto Empire Collapsed – NY Times
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit downround.substack.com/subscribe
See omnystudio.com/listener for privacy information.
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