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Sam Bankman-Fried & FTX: Fraud on top of sh*t mountain

Season 3 Episode 7 Published 2 years, 4 months ago
Description

Becca is joined by Corporate Gossip startup correspondent Aaron Cohn to dip our tube-socked toes into the FTX trial. We meet Sam Bankman-Fried (SBF), a rumpled 28-year-old-grown-adult-boy-genius who built a $40 billion crypto empire in less than three years. But his meteoric rise to crypto kingpin was followed quickly by his fall to the bottom of shit-coin mountain.  And now, SBF is facing up to 115 years in federal prison for fraud. 

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Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com

Produced by: Michael Albanese @bigmanmike

Timestamps: 

17:40 - Corporate Gossip #1: Sam Bankman Fried raises $420.69m from 69 founders in a "meme" funding round and raises zero red flags

33:45 - Corporate Gossip #2: This guy can't be a criminal… I mean, come on, have you ever seen a criminal in wrinkly cargo shorts???

45:00 -  Corporate Gossip #3:  To the moon! 

50:00 - Corporate Gossip #4: FTX: Fraud on top of shit mountain 

1:09:40 - Corproate Gossip #5: When people stop being polite, and start getting indicted

1:13:30 - Corporate Gossip #6: Will the Smol bean / Widdle baby defense work for Sam?

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