Jonathan Jones

Jonathan Jones, an investigative reporter known for his deep dives into significant stories, interviews Sam Bankman-Fried, the infamous crypto magnate. They explore the chaotic collapse of FTX, highlighting the frantic atmosphere inside the company as panic set in. Bankman-Fried claims he never intended to defraud customers, contradicting alarming internal revelations. The episode unpacks the role of aggressive marketing in FTX’s rise, and the catastrophic effects of a single tweet that triggered a massive liquidity crisis, leading to one of the most costly bankruptcies in history.

Jonathan Jones, an investigative reporter for Reveal, narrates the fallout from the FTX bankruptcy, while John Ray, the appointed CEO, shares insights on recovery efforts and struggles. Bankruptcy expert Jonathan Lipson dissects legal conflicts and the need for an independent investigation. The discussion highlights how customers are being compensated in cash instead of crypto, raising questions about their rights. With high legal fees and unresolved claims, the complexities of cryptocurrency bankruptcy are showcased, revealing the harsh realities faced by creditors.