Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Understanding the Collapse of Sam Bankman-Fri...

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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

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Earlier this year, much of the crypto industry imploded, taking with it billions of dollars. From that crash, one company and its charismatic founder emerged as the industry’s savior.

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In this episode, we attempt to unpack what exactly happened in the crypto market this week which was rocked by news about FTX and Binance, two of the world's largest crypto exchanges.


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