Inside the Trial of Sam Bankman-Fried
Plain English with Derek Thompson
00:00
The Rise and Fall of Sam Bankman-Fried
This chapter chronicles the rapid ascent of Sam Bankman-Fried in the cryptocurrency landscape, from a promising trader to a self-made billionaire and FTX founder. It explores the subsequent collapse of his empire, driven by revelations about Alameda Research's financial mismanagement and the legal challenges that followed. Through courtroom testimonies, the chapter reveals the deep complexities of fraud allegations, the emotional turmoil of witnesses, and Bankman-Fried's controversial defense amidst a backdrop of deceit.
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