Show Notes
Sam Bankman-Fried couldn’t have marketed FTX to the masses on his own. He had help – from the institutional investors who brought in the big bucks, to the celebrity endorsers who told the public that FTX was “a safe and easy way to get into crypto.” One FTX brand ambassador was Kevin O’Leary, from the reality show Shark Tank. Host Jacob Silverman questions O’Leary about his due diligence before accepting the multimillion dollar endorsement deal. We also hear from everyday investors and hopeful beneficiaries of SBF’s charitable largesse and learn how their hopes were dashed on the rocks of alleged fraud. Zooming out, we learn that a lot of people may be responsible for what happened to FTX and that the losses, especially in a big alleged financial fraud scheme, can reverberate widely. Fourteen years into the crypto experiment, we survey the damage and the successes, and ask what we can learn from the disaster that Sam Bankman-Fried left in his wake. For transcripts of this series, please visit here.
More from The Naked Emperor
A former American IRS investigator responsible for some of the earliest dark market takedowns has been in Nigerian custody since February. Neither Nigerian nor the US authorities seem to be distinguishing Tigran Gambaryan from Binance, the company where he works. The Click Here podcast from Recorded Future News is a bi-weekly tech news podcast and this episode features Jacob Silverman, the host of The Naked Emperor: Understood to help dive into this story. More episodes of Click Here are available at: https://therecord.media/podcast
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India’s democracy has been called a miracle. Now, some fear it’s at risk.
Entering his second term stronger than ever, Modi can wield his power in ways that shock many inside India and out. There are crackdowns on dissent at home and accusations his government is tied to assassination plots abroad. His government denies these allegations, but the question remains: how far will Modi go to stop those who challenge him?
Narendra Modi is the most popular political leader on the planet. His supporters boast that he’s transformed India’s economy – it’s now the world’s fifth largest, surpassing its former colonial ruler, Great Britain. How did Modi shake off the memory of deadly religious riots to win the devotion of hundreds of millions of Indians across the country and the world?