Against the Rules with Michael Lewis Listen Now: Spellcaster - The Fall of Sam Bankman-Fried
Oct 19, 2023
Dive into the world of crypto as you explore the rise and fall of Sam Bankman-Fried, a once-celebrated entrepreneur turned pariah. Discover the glamorous Crypto Bahamas conference, where serious issues lurked beneath flashy celebrity encounters. Unravel how Sam's initial good intentions spiraled into chaos, leading to questions about his true character. Learn about the intricacies of financial decision-making and the impact of policy changes on personal wealth in this gripping tale of wealth, betrayal, and unexpected consequences.
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Crypto Bahamas Extravaganza
- Sam Bankman-Fried, FTX's CEO, hosted Crypto Bahamas, a lavish conference.
- The event featured celebrities like Katy Perry, Orlando Bloom, Bill Clinton, and Tony Blair, highlighting SBF's influence.
The Sam Show
- Sam Bankman-Fried's rapid rise and influence in the crypto world was captivating.
- Despite his awkward demeanor, his promises of philanthropy and good intentions charmed audiences.
FTX's Rise and Fall
- FTX, SBF's crypto exchange, claimed to handle billions in daily transactions.
- This fueled his image as a potential savior, promising to donate his vast wealth.
