Current Affairs

The Rise and Fall of Crypto Lunacy (w/ Zeke Faux)

Informações:

Sinopsis

Zeke Faux of Bloomberg News is the author of a fascinating and hilarious new book about the crypto world and the collapse of the Sam Bankman-Fried empire, Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. In contrast with Michael Lewis, whose recent book Going Infinite also looks at Bankman-Fried, Faux sees the scamming and lying of the crypto world for what it is, and his book is highly conscious of the harm done to victims by the fraudulence of Bankman-Fried and others. (Faux's book begins: "'I’m not going to lie,’ Sam Bankman-Fried told me. This was a lie.") Today, Faux joins to answer all of the most pressing questions about SBF, FTX, crypto, and the very dumb world of "NFTs," like:When did SBF's (alleged) crimes become detectable? Is Michael Lewis right that at the core of FTX was a "great real business" that was undone by bad luck?When Zeke confronted Jimmy Fallon about all the money people lost by investing in NFTs, how did Fallon justify promoting them?Since Sam Bankman-Fried rationalized h