DC Public Library System

SBF, how the FTX bankruptcy unwound crypto's very bad good guy, Brady Dale

Label
SBF, how the FTX bankruptcy unwound crypto's very bad good guy, Brady Dale
Language
eng
Bibliography note
Includes bibliographical references and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
SBF
Nature of contents
bibliography
Oclc number
1356016413
Responsibility statement
Brady Dale
Sub title
how the FTX bankruptcy unwound crypto's very bad good guy
Summary
"History keeps teaching one lesson that no one wants to learn: the guys out to save the world have a way of blowing it up. Satoshi Nakamoto created bitcoin to take all the tinkering out of the finance system, but then somehow in 2022 the blockchain industry's poser boy became a quant from Jane Street hellbent on tinkering with money and eventually everything else. Sam Bankman-Fried (or SBF), the co-founder of the trading firm Alameda Research and the exchange FTX, became a leader in the crypto industry as decentralized finance exploded in 2020. He became famous as his firm splashed money on sports stadiums and Super Bown ads during the bull run that began in 2021, all while promising to drive his piles of wealth into making the world a better place. He became infamous when his $19 billion empire came crashing down over one week in November 2022. Now under house arrest after posting $250 million in bail, the final verdict on SBF is a story still to be told. It's probably for the best that he's not even going to be able to tinker with money again for a while"--, Provided by publisher
resource.variantTitle
Sam Bankman-FriedHow the FTX bankruptcy unwound crypto's very bad good guy
Classification
Content
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