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Sam Bankman-Fried vs. the Crypto Grift

Crash Course

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The Cult of Cryptocurrency

I remember being struck by sort of the cultish elements of it. Alameda and FTX have been based in Hong Kong, which up to a certain point had been friendly towards crypto. It was either the Caribbean or Hong Kong that also seemed to me to be like a red flag. Why are they setting up shop in the Bahamas at the end of the day? How do you answer that question?

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