Manipulative Practices and Fake Trading Volume

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Previously: Sadly, FTX

I doubted whether it would be a good use of time to read Michael Lewis’s new book Going Infinite about Sam Bankman-Fried (hereafter SBF or Sam). What would I learn that I did not already know? Was Michael Lewis so far in the tank of SBF that the book was filled with nonsense and not to be trusted?

I set up a prediction market, which somehow attracted over a hundred traders. Opinions were mixed. That, combined with Matt Levine clearly reporting having fun, felt good enough to give the book a try.

Source:
https://www.lesswrong.com/posts/AocXh6gJ9tJC2WyCL/book-review-going-infinite

Narrated for LessWrong by Perrin Walker.

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