Paris Marx is joined by Jacob Silverman to discuss the start of the criminal trial against Sam Bankman-Fried, what we know about the case, and whether he’s likely to be found guilty.
Jacob Silverman is a journalist and the co-author of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. He’s also the host of The Naked Emperor. Find more of Jacob’s work on jacobsilverman.com.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
The podcast is produced by Eric Wickham and part of the Harbinger Media Network.
Also mentioned in this episode:
- Jacob wrote about the trial on his newsletter.
- Molly White has also written a preview of what’s to come in the Bankman-Fried trial.
- Sam Bankman-Fried leaked Caroline Ellison’s diaries to the New York Times. Soon after, his bail was revoked and he was sent to prison for over witness tampering.
- Sam Bankman-Fried was interviewed by Matt Levine on Odd Lots and basically admitted yield farming was a Ponzi scheme.
- Caroline Ellison, Gary Wang, and Nishad Singh have all pleaded guilty and are expected to be collaborating with the government against Bankman-Fried.
- Bankman-Fried’s parents are also being sued over the millions they got from FTX.
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