It is one of the biggest scandals in the crypto world: The child prodigy Sam Bankman-Fried has to answer for fraud in the billions in court, millions of people had lost their money. He was in the spotlight shortly before, alongside Bill Clinton, Gisele Bündchen and Katy Perry. Celebrated for its crypto exchange FTX.
Did Bankman-Fried deliberately set up his business for fraud or did he stumble upon his mission to save the world with cryptocurrency? How could his stock market implode?
In this podcast, we follow the rapid rise and deep fall of Sam Bankman-Fried. We meet ex-employees and people for whom FTX was like a cult, we talk to victims from Germany and those who are out for revenge today.
To this end, SPIEGEL conducted research in Stanford, Miami and the Bahamas. And met the man who is at the center of the fraud allegations: Sam Bankman-Fried.
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