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13min chapter
E172: SBF gets 25 years, Trump's meme stock, RFK Jr picks VP, Biden's 2025 budget & more
All-In with Chamath, Jason, Sacks & Friedberg
The Rise and Fall of SPF: A Tale of Criminality and Consequences
This chapter explores the downfall of SPF, who received a 25-year prison sentence for criminal activities related to FTX. It discusses SPF's successful investments, unethical behavior of siphoning off customer deposits, and FTX's efforts to repay customers. The chapter also delves into the evolution of FTX from a hedge fund into a centralized crypto exchange, highlighting the founder's trading activities, gains, and challenges faced.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode