Seemingly overnight, Sam Bankman-Fried, the founder of FTX, went from cryptocurrency wunderkind to wanted for questioning by the FBI. After years of unfettered success, the walls of SBF's blockchain empire came crumbling down around him as his tricky financial feats failed and his generalized lack of accounting brought increasing scrutiny by regulators. In SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy, veteran crypto reporter Brady Dale provides a scintillating and clarifying narrative of the entire FTX/Alameda Ventures saga. In the excerpt below, we glimpse in at the immediate aftermath of FTX's sudden insolvency. WileyExcerpted with permission from the publisher, Wiley, from SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy by Brady Dale. Copyright © 2023 by John Wiley & Sons, Inc. All rights reserved. This book is available wherever books and eBooks are sold.A Flood of Pure SBFWhen I wrote in Chapter 1, “I am drowning in Sam,” I was here, at this point in the story. I was then. I still am, but the tide is going out. I’m not back on land yet, but I know if I rest and I don’t fight it, the land will find me. I don’t need to find the land. Unlike SBF after CoinDesk’s Ian Allison released his post about Alameda’s balance sheet, I can see the shore from where I am.In late November and early December SBF would not leave the public eye. He was in magazines. He was in the New York Times. He was doing interviews on YouTube. He was on Twitter... Continue reading at 'Engadget'
[ Engadget | 2023-05-14 14:30:33 UTC ]
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Seemingly overnight, Sam Bankman-Fried, the founder of FTX, went from cryptocurrency wunderkind to wanted for questioning by the FBI. After years of unfettered success, the walls of SBF's blockchain empire came crumbling down around him as his tricky financial feats failed and his generalized... Continue reading at Engadget
[ Engadget | 2023-05-14 14:30:33 UTC ]
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The Big Short author was given unlimited access to failed cryptocurrency exchange founder for Going Infinite: the Rise and Fall of a New TycoonMichael Lewis, the bestselling author of The Big Short and Flash Boys, will tell the story of the cryptocurrency exchange founder Sam Bankman-Fried in... Continue reading at The Guardian
[ The Guardian | 2023-05-16 14:28:23 UTC ]
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Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed Bestselling author Michael Lewis, whose books include The Big Short and Flash Boys, is writing about the former boss of the failed cryptocurrency exchange for his next book.FTX, which... Continue reading at The Guardian
[ The Guardian | 2022-11-14 11:44:35 UTC ]
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“Going Infinite” may have missed the big takeaway, but it offers at least one undeniable pleasure: deep access. Continue reading at The New York Times
[ The New York Times | 2023-11-17 14:25:02 UTC ]
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Sure, it may not sound like the spiciest headline, but Sam Bankman-Fried is in a weird place to be starting a Substack. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX – who pleaded... Continue reading at Engadget
[ Engadget | 2023-01-13 12:15:24 UTC ]
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Audiences have moved toward fun fiction and away from furious facts as Michael Wolff's 'Fire and Fury' takes a tumble to #3 on the iBooks list, while 'The Woman in the Window' by A.J. Finn—a book editor who now writes thrillers under a pen name—takes the #1 slot. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-25 00:00:00 UTC ]
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Surging visitor numbers and a weaker pound have buoyed spirits at a busy 2017 London Book Fair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-15 00:00:00 UTC ]
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The market for bédé visual storytelling almost doubled over the course of the pandemic, but can the birthplace of Asterix continue to nurture creators?Like thousands of French people, Sylvie Pinault discovered comic books during the pandemic. Though bandes dessinées – literally meaning “drawn... Continue reading at The Guardian
[ The Guardian | 2024-02-06 14:00:36 UTC ]
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In the anthology “Critical Hits,” gamers like Hanif Abdurraqib, Alexander Chee and Larissa Pham explain what the medium means to them. Continue reading at The New York Times
[ The New York Times | 2023-11-20 10:00:28 UTC ]
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Siri and Alexa were only the beginning. As voice recognition and speech synthesis technologies continue to mature, the days of typing on keyboards to interact with the digital world around us could be coming to an end — and sooner than many of us anticipated. Where... Continue reading at Engadget
[ Engadget | 2023-10-15 14:30:20 UTC ]
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You didn't actually believe all those founder's myths about tech billionaires like Bezos, Jobs and Musk pulling themselves up by their bootstraps from some suburban American garage, did you? In reality, our corporate kings have been running the same playbook since the 18th century when... Continue reading at Engadget
[ Engadget | 2023-09-11 20:50:45 UTC ]
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You didn't actually believe all those founder's myths about tech billionaires like Bezos, Jobs and Musk pulling themselves up by their bootstraps from some suburban American garage, did you? In reality, our corporate kings have been running the same playbook since the 18th century when... Continue reading at Engadget
[ Engadget | 2023-09-10 14:30:56 UTC ]
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Ex-MP claims her account will lay bare ‘a corruption of democracy deep at the heart of the Conservative party and in Downing Street’Nadine Dorries’ book on the downfall of Boris Johnson will be delayed until November because of “the required legal process”, the publisher has said.The former... Continue reading at The Guardian
[ The Guardian | 2023-08-31 21:12:19 UTC ]
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The problem with studying the universe around us is that it is simply too big. The stars overhead remain too far away to interact with directly, so we are relegated to testing our theories on the formation of the galaxies based on observable data. Simulating these celestial bodies on computers... Continue reading at Engadget
[ Engadget | 2023-06-18 15:30:05 UTC ]
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You get free stuff, you get free travel, you get the nifty cool title of "brand ambassador," what's not to love about being an internet influencer? There's the consequences, for one. Not even just the warranted consequences of your actual actions, mind you, but also those arriving unbidden based... Continue reading at Engadget
[ Engadget | 2023-06-11 14:30:57 UTC ]
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We Americans love to have ourselves a big old time. It's not just our waistlines that have exploded outward since the post-WWII era. Our houses have grown larger, as have the appliances within them, the vehicles in their driveways, the income inequalities between ourselves and our neighbors, and... Continue reading at Engadget
[ Engadget | 2023-06-04 14:30:20 UTC ]
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Some of us do our best thinking in the shower, others do it while on the toilet. Renee Descartes, he pondered most deeply while ensconced in a baker's oven. The man simply needed to be convinced of the oven's existence before climbing in. Such are the quirks of the most monumental minds humanity... Continue reading at Engadget
[ Engadget | 2023-05-28 14:30:30 UTC ]
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Maria Isabel Sánchez Vegara’s book, illustrated by Matt Hunt, is the first of the Little People, Big Dreams series to top the standingsA children’s biography of King Charles III has topped the UK book chart before the coronation on 6 May.Maria Isabel Sánchez Vegara’s King Charles is part of the... Continue reading at The Guardian
[ The Guardian | 2023-05-05 09:57:25 UTC ]
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"Birds fly South for the winter and North for the summer," has historically proven to be only slightly less reliable a maxim than the sun always rising in the East and setting in the West. Humanity has been fascinated by the comings and goings of our avian neighbors for millennia, but the why's... Continue reading at Engadget
[ Engadget | 2023-04-02 14:30:53 UTC ]
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Science is the reason you aren't reading this by firelight nestled cozily under a rock somewhere however, its practice significantly predates its formalization by Galileo in the 16th century. Among its earliest adherents — even before pioneering efforts of Aristotle — was Animaxander, the Greek... Continue reading at Engadget
[ Engadget | 2023-03-12 14:30:52 UTC ]
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