Privileged individuals involved in a collapsed company and the importance of compliance

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Exploring the privileged backgrounds of the FTX group, this chapter highlights their involvement in a collapsed company. It also introduces Vanta as a solution for automating compliance and touches on the behavior and drug use of one individual.

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Today’s show:

Zeke Faux, the author of “Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall,” joins Jason to discuss crypto’s crazy rise and fall (3:58), how SBF learned to play the game (16:22), red flags at Tether (26:13), and so much more!

Time stamps:

(0:00) Zeke Faux, the author of “Number Go Up” joins Jason

(3:58) Meeting Sam Bankman-Fried in the Bahamas and first impressions

(10:23) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(11:30) SBF, his colleagues, and a hint of substance abuse

(16:22) The group psychosis and how they learned to play the game

(24:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(26:13) Operations and red flags at Tether

(35:44) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

(37:15) Revisiting Zeke’s investigative journalism in Cambodia

(44:16) From organized crime to legitimate business

(46:59) Terraform Labs and the collapse of Luna