Against the Rules with Michael Lewis cover image

Against the Rules with Michael Lewis

Judging Sam: Going Infinite – Jacob Weisberg interviews Michael Lewis

Oct 2, 2023
Michael Lewis shares his firsthand experience covering Sam Bankman-Fried, once celebrated as a crypto genius, now facing serious legal troubles. He reflects on the rapid rise and catastrophic fall of FTX, revealing insights into the motivations behind Bankman-Fried's actions. The discussion navigates the ethical dilemmas and personal challenges within the chaotic world of cryptocurrency. Listeners gain a deeper understanding of the legal complexities and psychological factors influencing this high-profile case.
33:05

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast highlights how Sam Bankman-Freed's unconventional approach to running FTX, including the lack of management and organizational chaos, contributed to the collapse of his company.
  • The trial delves into the loyalty and betrayal of personal relationships within FTX, with key witnesses like Gary Wang and former employees testifying against Sam Bankman-Freed.

Deep dives

The Rise and Fall of Sam Bankman-Freed

Sam Bankman-Freed, the founder of FTX cryptocurrency exchange, is being tried for financial crimes that could result in a life prison sentence. This podcast series follows the trial and delves into the story of Sam's meteoric rise in the crypto world and the subsequent collapse of his company. The first episode sets the stage for the trial, providing background on Sam's upbringing and his journey from effective altruism to the world of high-stakes crypto trading. It also explores author Michael Lewis' personal connection and involvement in the story, having written a book about Sam's rise and fall.

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