
The great crypto collapse
The David McWilliams Podcast
00:00
The San Bankman Fraud
North Wales is just a diaspora of Manchester and Liverpool. Half the pubs in North Wales are owned by Manchester breweries. The San Bankman fraud, it's very strange to me, because there's almost no fraud to it. I mean, he didn't even write himself a check. He put an emoji on his internal chat and that was the controls. In most of the cases of history, if you have wanted to do what this guy did, which is to take a billion dollars of customers money and take it out and transfer it to your own bank accounts,. It usually takes quite a lot of brain power and deceit to get around the systems. And this guy just wrote himself a
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