This year was just, you know, things growing up in a volatile world. It's not going to be like the defining bust of crypto history. That one, that one is ahead. And then yeah, it'll break into the mainstream and just like everything else in crypto, it will go way bigger than it really should. There'll be a bunch of irrational exuberance and it'll super explode a little dwarf this time. But like this time too, then it'll settle down"
Longtime crypto reporter Brady Dale has beat Michael Lewis to market with the first book on the dramatic collapse of FTX. In stores today, “SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy,” tells the tale of the outsized role that Sam Bankman-Fried played in the FTX-Alameda death spiral. Drawing on years of reporting and interviews with SBF himself, the book charts the rise and fall of the one-time crypto wunderkind. “It became clear to me that Sam got really addicted to fame,” said Dale.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.
Show highlights:
- Brady’s background and how he came to cover crypto
- how covering the space for a crypto outlet is different from a more mainstream publication
- how Brady was able to finalize his book so fast
- what Brady’s favorite parts of the book are
- who was really responsible for the collapse of the FTX empire
- whether Sam Bankman-Fried will plead guilty
- whether FTX will make a comeback
- how SBF thinks differently from other people, and how it led to his downfall
- why Brady thinks the “dot-com bust” for crypto has yet to arrive
- whether crypto has betrayed its cypherpunk ideals
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Guests:
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Brady Dale, writer and reporter at Axios, and author of “SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy”
Previous coverage of Unchained on Sam Bankman-Fried and FTX:
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