The SBF trial is a reminder that crypto is a rotten business
Financial nihilism has produced this game of Monopoly money
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If you haven’t heard that financial storyteller extraordinaire Michael Lewis has a new book out, on the rise and fall of crypto exchange FTX founder and alleged fraudster extraordinaire Sam Bankman-Fried, then you probably don’t spend an awful lot of time on the internet. Well done you.
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Those of you who do will know that Lewis has been generating almost as much controversy as the alleged criminal himself over the past week. But it wasn’t so much the book — the publication of which was timed to coincide with the beginning of SBF’s trial — that provoked the outrage; it was a clip from an interview Lewis gave on CBS’s 60 Minutes that was really getting people riled up. I was one of those people.
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#BTC #crypto2023
Financial nihilism has produced this game of Monopoly money
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/588a5abd-e136-44ff-ba6c-be2068d0d80e
If you haven’t heard that financial storyteller extraordinaire Michael Lewis has a new book out, on the rise and fall of crypto exchange FTX founder and alleged fraudster extraordinaire Sam Bankman-Fried, then you probably don’t spend an awful lot of time on the internet. Well done you.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/588a5abd-e136-44ff-ba6c-be2068d0d80e
Those of you who do will know that Lewis has been generating almost as much controversy as the alleged criminal himself over the past week. But it wasn’t so much the book — the publication of which was timed to coincide with the beginning of SBF’s trial — that provoked the outrage; it was a clip from an interview Lewis gave on CBS’s 60 Minutes that was really getting people riled up. I was one of those people.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be
#BTC #crypto2023
