Introducing - Spellcaster: The Fall of Sam Bankman-Fried

05/12/23 • 2 min

1 Listener

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billions of dollars were missing, and Sam was in handcuffs. Those who knew him were left wondering — who was Sam really? A well-meaning billionaire who made a mistake? Or a calculating con man? From Wondery and Bloomberg, the makers of The Shrink Next Door, comes a new story of incredible wealth, betrayal and what happens when “doing good” goes really really bad. Learn more here: https://podcasts.apple.com/us/podcast/spellcaster-the-fall-of-sam-bankman-fried/id1685258534

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Previous Episode

Princeton University’s Blockchain Center, One Year On

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

Last year, just before the crypto winter had hit in earnest, Princeton University opened up “The Center for the Decentralization of Power Through Blockchain Technology”.

The Center was funded in part by a $20 million gift from prominent Princeton alumni including Mike Novogratz, CEO of Galaxy Investment Partners, and Joe Lubin, co-founder of the Ethereum crypto platform.

The university says the Center focuses on the software engineering that makes blockchain technology work, finds innovative uses for decentralized systems and considers how it might affect our collective future.

One year on, as the crypto winter persists, what’s the Center up to these days?

Bloomberg reporter Francesca Maglione joins this episode to discuss the role universities are playing in studying blockchain.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Bloomberg Crypto - Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Transcript

Speaker 100:00:07.120

Meet Sam. Sam is thirty years old. He typically wore T shirts and shorts and samimals. He likes to play computer games. He is commanding this army of fairies and elves in this online game. He talks a lot about doing good and helping people. There really was this idea that he was going to change the world. Sam may not act the part, but he's a billionaire, say for Mark Zuckerberg. No one in history has ever gotten so rich so young. But on December