The Rise and Fall of Sam Bagman-Fried and FTX

In this podcast episode, Michael Lewis discusses his latest book, 'Going Infinite, The Rise and Fall of a New Tycoon,' which chronicles the story of Sam Bagman-Fried, founder of the crypto exchange FTX. Lewis explores Bagman-Fried's unique aptitude for functioning in chaotic environments and his creation of FTX, a company run like a chess match with no order or job titles. Lewis also delves into the emotional baggage and therapy sessions within the company and the lack of regulation and oversight in the bankruptcy process. The episode explores the consequences and possible societal reactions to the collapse of crypto assets and offers insights into the characters involved, including John Ray and CZ.