5min chapter

Clearer Thinking with Spencer Greenberg cover image

The FTX catastrophe (with Byrne Hobart, Vipul Naik, Maomao Hu, Marcus Abramovich, and Ozzie Gooen)

Clearer Thinking with Spencer Greenberg

CHAPTER

FTX and Alameda Research - A Special Episode of Clearer Thinking

Sam Bankman-Fried, also known as SPF, is the co-founder of Alameda Research. He quit his job at James Street in 2017 and started working on a hedge fund with some people in the effective altruism community. The firm was called FTX but it has since been taken over by an anonymous group that's trying to raise $1 billion for charity. Sam says he first met Sam maybe around 2015 when he was working at Jane Street,. It seemed like he had made something like $15 billion according to news articles.

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