FTX trial update

It was the largest heist ever. Within a span of a night, more than $6bn vanished from Binance. That’s the blockchain platform that’s supposed to be the biggest and safest. Authorities point to North Korea as the likely culprit, but the company says it will make customers whole. C ...  Show more

What started as a boom year for mergers on Wall Street has started to fade. There have indeed been some megamergers, such as the $111bn Paramount-Warner Bros Discovery deal. But as the cost of borrowing has ticked up and markets have pared back gains, the appetite for new deals h ...  Show more

FTX founder Sam Bankman-Fried’s trial begins today; a guilty verdict could represent the final nail in crypto’s coffin. Bloomberg’s Zeke Faux, who spent two years chronicling SBF’s downfall, explains. This episode was produced by Amanda Lewellyn, edited by Amina Al-Sadi with help ...  Show more

Hey smarties! We recorded today’s episode before historic news broke that the House of representatives voted to oust Kevin McCarthy as speaker. We’re monitoring the story as it develops and as the House figures out what comes next. IIt’s Day 1 of Sam Bankman-Fried’s trial. Last y ...  Show more

The founder of FTX, a spectacularly failed cryptocurrency exchange, is a <a href="https://www.economist.com/culture/2023/10/03/decoding-sam-bankman-fried-alleged-titan-of-crypto-conmen?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discove ...