Corporate Gossip cover image

Sam Bankman-Fried & FTX: Fraud on top of sh*t mountain

Corporate Gossip

00:00

The Downfall of Sam Bankman-Fried and FTX

This chapter explores the fraudulent activities of Sam Bankman-Fried, the CEO of FTX, who deceived investors and customers by stealing funds for their own crypto bets. It discusses the panic among FTX customers and the revelation of FTX and Alameda's illicit relationship. The chapter concludes by advising skepticism towards companies and CEOs who receive excessive praise.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app