6min chapter

Against the Rules with Michael Lewis cover image

The Rise and Fall of Crypto Billionaire Sam Bankman-Fried from Talk Easy

Against the Rules with Michael Lewis

CHAPTER

The Downfall of Vanity: FTX's Rapid Decline

This chapter examines the consequences of a prominent figure's vanity and exclusion of external influences, setting the stage for a critical analysis of personal biases. It further explores FTX's swift transition from a successful cryptocurrency exchange to bankruptcy, attributing this downfall to mismanagement and poor judgment rooted in a chaotic mindset.

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