The Rise of Sam Bankman Fried in the Crypto World

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This chapter discusses the journey of Sam Bankman Fried, from his humble beginnings to becoming a successful figure in the cryptocurrency industry. It explores his background, his trading strategies, and the founding of his crypto trading hedge fund and exchange.

FTX founder Sam Bankman-Fried’s trial begins today; a guilty verdict could represent the final nail in crypto’s coffin. Bloomberg’s Zeke Faux, who spent two years chronicling SBF’s downfall, explains.

This episode was produced by Amanda Lewellyn, edited by Amina Al-Sadi with help from Matt Collette, fact-checked by Serena Solin with help from Laura Bullard, engineered by Patrick Boyd, and hosted by Sean Rameswaram.

Disclosure: In August 2022, Sam Bankman-Fried’s philanthropic family foundation, Building a Stronger Future, awarded Vox’s Future Perfect a grant for a 2023 reporting project. That project is now on pause.

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