The Importance of Federal Oversight in Crypto Market Places

Sam Bankman-Fried wasn't like other crypto moguls: he drove a Toyota Corolla, he was an advocate for government regulation, he said he would give billions away to charity. That is, until he lost it all in what has been called “one of history’s greatest-ever destructions of wealth.” In episode 1 of Front Burner’s first spin off podcast series — The Naked Emperor — host Jacob Silverman, co-author of a forthcoming book about crypto and fraud, takes a closer look at the hype around SBF and FTX, and how it only grew, even as other crypto companies crashed around them. How powerful was Sam Bankman-Fried? And how did he initially manage to hang on, to thrive even, as other giants tumbled towards bankruptcy? For more episodes of The Naked Emperor, check out its podcast feed: https://link.chtbl.com/uXdCyMR8