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The Parents Caught In The Middle Of The FTX Collapse
Prosecutors say the former CEO of cryptocurrency giant FTX, Sam Bankman-Fried, defrauded investors and customers for years, to the tune of billions of dollars. Bankman-Fried was arrested Monday night in the Bahamas, on an extradition request by American authorities.
NPR's David Gura unpacks the charges and the ongoing investigation into Bankman-Fried's activities at FTX.
And Wall Street Journal reporter Justin Baer discusses the role Bankman-Fried's influential parents – the legal scholars Joseph Bankman and Barbara Fried – played in the rise and fall of FTX.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at considerthis@npr.org.
Published on 3 years ago