⚽ “The Anti-Ted Lasso” — Qatar’s World Cup. Starbucks’ biggest day. FTX’s Madoff moment.
The Best One Yet
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Sam Bankman Freed's FTX Was a Financial Mistake
A new CEO has taken over FTX and is desperately scrambling to clean up the mess that former CEO Sam Bankman freed left by. New private messages reveal it's also sociopathic fraud, because yesterday, a reporter at Vox had a DM Twitter conversation with Sam Bankman Freed that went public. Now, there is some good news silver lining for crypto. This wasn't a Lehman situation. It wasn't reflective of a system wide problem, but there is bad news for crypto. It was a Madoff moment and that badly crippledcrypt trust. Jack, can you whip up the real Friday?
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