Sam Bankman-Fried was at the top of the game. He was a billionaire by the time he turned 30, and the trusted face of crypto with his trading platform FTX. Its logo was on the Miami Heat’s arena and the uniforms of Major League Baseball umpires. Despite his dorm room lifestyle he charmed celebrities, politicians, and Silicon Valley. That is, until it all came crashing down. Today Sam faces charges that could send him to jail for the rest of his life. The Naked Emperor is a 4-part series about the stratospheric rise and spectacular fall of Sam Bankman-Fried. Tech/crypto journalist and host...
In the weeks after FTX filed for bankruptcy Sam stuck to his story: he did not commit fraud.
FTX’s post-collapse CEO claimed the company had been a managerial and financial disaster, writing that he had never seen “such a complete failure of corporate controls and such a complete absence of...
Published 03/27/23
We return to the beginning of Sam Bankman-Fried’s lucrative foray into crypto and ask: how did it all fall apart?
Sam Bankman-Fried rose to the top of the crypto world with help from his friends. Gary Wang was a former fellow math-camper and brilliant programmer; Caroline Ellison was a former...
Published 03/20/23