Something Ventured -- Silicon Valley Podcast cover image

Coindesk’s David Z. Morris: The Wild Story of FTX and its CEO, Sam Bankman-Fried

Something Ventured -- Silicon Valley Podcast

CHAPTER

Coin Desk

The early press about this seemed to just everything but say it was a fraud. That would be because at least the first part of the fraud, taking customers' money and gambling it is the pretty obvious, you know, initial fraud. But I think that on the early response reporting from the mainstream media, I would say two things. First, they took their time figuring out what was actually going on. And maybe that's fair enough. There are multiple layers here because on the first, first off, people still don't really understand crypto at all.

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