2min chapter

The Compound and Friends cover image

Worse Than Enron

The Compound and Friends

CHAPTER

What's the Latest on Sam Bankman Freed and the Bomb That Keeps Decaying?

Michael Venergé: I kind of hoped for crypto that it would merge this decade with use cases. And now all I can really say is it seems to have missed its opportunity. He says every new industry historically at its dawn, there was so much potential opportunity that it attracted a lot of scam artists. "I think what makes it novel is that it's all happening right before our eyes on the internet," he says.

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