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Against the Rules with Michael Lewis
Listen Now: Spellcaster - The Fall of Sam Bankman-Fried
Oct 19, 2023
Sam Bankman-Fried, a well-meaning billionaire turned con man? This podcast dives into the rise and fall of Sam, the world's richest 29-year-old, and his crypto exchange FTX. It explores his philanthropy efforts, downfall, and the question of who Sam really is.
08:31
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Quick takeaways
- Sam Bankman-Fried's rise to fame as a billionaire and philanthropist masked the underlying issues and trouble brewing behind his FTX empire.
- The collapse of FTX and the disappearance of billions of dollars shed light on the true state of Sam Bankman-Fried's financial empire, leaving investors and regulators questioning his intentions and credibility.
Deep dives
The Rise of Sam Bankman-Freed
Sam Bankman-Freed, co-founder and CEO of FTX, emerged as a billionaire and influential figure in the crypto world. His achievements and philanthropic aspirations captivated audiences. Worth $26 billion, he promised to give away his wealth and make a global impact for good.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode