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

Corporate gossip

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12M ago 1:23:49

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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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#Business #Becca Platsky #Nitetoast media #Society