logo
episode-header-image
Nov 2022
23m 48s

Sam Bankman-Fried and the fall of a cryp...

NPR
About this episode
Sam Bankman-Fried built a reputation as the one reliable crypto bro. But within the span of days, his empire came crashing down. What the rise and fall of crypto's 30-year-old elder statesman says about the story of crypto so far.

Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Up next
Aug 22
Buy discount Ozempic here now click this link
In the past couple years, demand has gone wild for drugs like Ozempic – and its cousins, Zepbound, Wegovy, and Mounjaro. For people who had never been able to lose weight before, suddenly the numbers on the scale were plummeting. And everybody wanted to get their hands on them. N ... Show More
32m 6s
Aug 20
Summer School 7: Trade blocks and blockages
Tariffs are the favorite tool of our current president, but there are lots of other ways that governments insert themselves into the free exchange of goods and services. Some of these trade barriers are so insidious and have been going on for so long that it may surprise you that ... Show More
39m 21s
Aug 15
When our inflation infeelings don’t match the CPI
For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted videos of how little they got for… $20. $40. $100. Most upsetting to us: an $8 box of ... Show More
31m 55s
Recommended Episodes
Sep 2022
Sam Bankman-Fried
Sam Bankman-Fried, CEO and co-founder of crypto exchange platform FTX, talks about the volatility around Bitcoin, bailing out other crypto companies and why he's not into luxury items. He speaks on "The David Rubenstein Show: Peer-to-Peer Conversations," recorded on August 17 in ... Show More
24m 40s
Mar 2023
Crypto Winter Meets Banking Crisis: A Tale of Three Banks
It’s been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks. It started earlier this month [March], when Silvergate Capital shut down operations. The California-based bank serviced various crypto companies like Coinbase and Gemin ... Show More
19m 42s
Nov 2022
Money Talks: The cryptocalypse
Until last week, Sam Bankman-Fried - or SBF as he’s become known - was crypto’s poster-child. He was a regular in Washington, DC where he schmoozed journalists, regulators and lawmakers alike. He funded political campaigns and sponsored sports teams ranging from basketball to For ... Show More
44m 1s
Nov 2022
Money Talks: The cryptocalypse
Until last week, Sam Bankman-Fried - or SBF as he’s become known - was crypto’s poster-child. He was a regular in Washington, DC where he schmoozed journalists, regulators and lawmakers alike. He funded political campaigns and sponsored sports teams ranging from basketball to For ... Show More
44m 1s
Jul 2022
Death of a Crypto Company
Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.But a crash in value recently has raised questions about cryptocurrency’s central promise.Guest: D ... Show More
29m 49s
Dec 2021
Money Talks: Meet the cryptokings
Four men hold the keys to a $2trn market. Our finance correspondent Matthieu Favas speaks to some of the most powerful people in the world of cryptocurrencies—the founders of the most important crypto exchanges—to find out what it takes to stay on top in the most volatile market ... Show More
35m 36s
Mar 2023
The Naked Emperor Episode 1: The Hype
Sam Bankman-Fried wasn't like other crypto moguls: he drove a Toyota Corolla, he was an advocate for government regulation, he said he would give billions away to charity. That is, until he lost it all in what has been called “one of history’s greatest-ever destructions of wealth ... Show More
33m 47s