Sam Bankman-Fried: Trust Is Everything
Economies are built on trust. Will the bank keep your money safe and accessible? Will the seller mail you those vintage action figures? Will eBay make you whole if the package never arrives? Trust is…
Economies are built on trust. Will the bank keep your money safe and accessible? Will the seller mail you those vintage action figures? Will eBay make you whole if the package never arrives? Trust is…
“Eye-eye-eyeeeeee don’t want a lot for Christmas,” she said. “There is just one thing I need,” she said. It’s the secular holiday anthem for the ages. And it’s based on a lie. No shade to…
The public is only beginning to understand the full extent of alleged crimes committed by Sam Bankman-Fried (better known as SBF), a cryptocurrency entrepreneur who lost billions of dollars after his exchange, FTX, was revealed…
The latest revelations about collapsed cryptocurrency exchange FTX show a company that was even more shambolically managed than was known or even thought possible. “Never in my career have I seen such a complete failure…
When a cryptocurrency exchange holding $16 billion worth of customer deposits suddenly collapses, what does that portend for the future of the crypto industry? How did Sam Bankman-Fried, the 30-year-old founder of the company and…
What’s going on with FTX? The cryptocurrency exchange FTX has filed for bankruptcy amid revelations that it lent billions in customer assets to an affiliated trading firm called Alameda Research. Now its owner—a prominent Democratic…