Crypto insiders paint a picture of a charismatic tech founder who became the darling of high-powered investors, even as Sam Bankman-Fried was brazen about his cryptocurrency exchange’s shaky business model and kept the books closed to all but a few confidants; David Jeans joins "Forbes Newsroom" to tell the story. Read the full story on Forbes: … [Read more...]
Understanding The Rise And Fall Of FTX, FTT And Alameda Research | Forbes
The fall of FTX and Sam Bankman-Fried revealed holes in the crypto space that industry peers, the media, and government officials either chose to overlook or refused to question further. Underneath FTX’s successful veneer was a fragile ecosystem led by young, ambitious founders determined to move mountains under the guise of Effective Altruism - an academic and social movement … [Read more...]