Before the year was over, the Sam Show took a dark turn. FTX imploded, swiftly — leaving an apparent $8 billion hole where customer funds should have been. Bankman-Fried has called it a “screw-up.” But US prosecutors accuse him of conning his customers and investors in what they called “one of the biggest financial frauds in American history.” And one of his closest partners, Caroline Ellison — a fellow effective altruist, a CEO of one of his companies and a onetime romantic partner — had entered a guilty plea.
What happened? Who is Sam Bankman-Fried, and how did he charm so many people for so long? A team of Bloomberg journalists who covered his rise and fall dug into some of the lingering questions, talking to insiders to reveal what was happening at the companies run by Bankman-Fried and Ellison. Spellcaster: The Fall of Sam Bankman-Fried is a new six-part podcast from Bloomberg and Wondery. Listen to Episode 1: The Smartest Person I Know.
Source: Inside FTX and Sam Bankman-Fried’s Fall: Spellcaster SBF Podcast – Bloomberg
