2min chapter

Plain English with Derek Thompson cover image

Thanksgiving Mega-Pod: Bob Iger’s Power Grab, SBF’s Scandal, and Elon Musk’s Omnishambles

Plain English with Derek Thompson

CHAPTER

The Downfall of FTX and Its CEO Sam Bankman-Freed

Disney has actually tried a version of that before back in 2014. They bought a company called Maker Studios and three years later basically folded it into its digital division for almost nothing. Next up is my conversation with the writer Matthew Iglesias about the downfall of FTX and its CEO Sam Bankman-Freed. It's a scandal that has shaken the world of crypto but also the world of effective altruism or EA which judging on your perspective is either a valuable philosophy, a curious but strange idea about the world or an outright dangerous cult.

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