2min chapter

Planet Money cover image

Sam Bankman-Fried and the fall of a crypto empire

Planet Money

CHAPTER

Is Everything a House of Cards?

The CEO of Binance, another exchange, tweeted that he was going to sell the FTX monopoly money. This puts Sam in a bind because his company didn't have enough money on hand for all the customers demanding it. Nick says there really isn't anyone at this point who could save him if he fell.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode