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Introducing - Spellcaster: The Fall of Sam Bankman-Fried · Masters in Business

• 0:01
  Speaker 1: Wondering.
• 0:07
  Speaker 2: Meet Sam. Sam is thirty years old.
• 0:10
  Speaker 3: He typically wore T shirts and shorts and samples.
• 0:15
  Speaker 2: He likes to play computer games.
• 0:17
  Speaker 4: He is commanding this army of fairies and elves in
• 0:22
  Speaker 4: this online game.
• 0:24
  Speaker 2: He talks a lot about doing good and helping people.
• 0:28
  Speaker 5: There really was this idea that he was going to
• 0:30
  Speaker 5: change the world.
• 0:31
  Speaker 2: Sam may not act the part, but he's a billionaire.
• 0:35
  Speaker 3: Say for Mark Zuckerberg.
• 0:36
  Speaker 2: No one in history has ever gotten so rich so young.
• 0:40
  Speaker 2: But on December twelfth, twenty twenty two, everything changes for
• 0:44
  Speaker 2: Sam and what he calls a screw up.
• 0:47
  Speaker 3: The US government calls one of the largest frauds in history.
• 0:52
  Speaker 2: They had lost a very significant amount of money. Lots
• 0:55
  Speaker 2: of people were hurt badly, which left everyone wondering who
• 0:59
  Speaker 2: is Sam Bankman freed from Bloomberg and wondering the makers
• 1:06
  Speaker 2: of the shrank next Door comes a new series, Spellcaster,
• 1:11
  Speaker 2: The Fall of Sam Bankman Freed a story of incredible wealth.
• 1:15
  Speaker 2: There was a sense of awe when he walked in.
• 1:17
  Speaker 2: It was like a celebrity betrayal.
• 1:20
  Speaker 1: He would flip a switch with regards to a given person,
• 1:24
  Speaker 1: he would delete them from his reality.
• 1:26
  Speaker 2: And what happens when that talk of doing good goes
• 1:30
  Speaker 2: really really bad.
• 1:33
  Speaker 5: It was basically just everyone racing out the door of
• 1:37
  Speaker 5: the burning building for the same exit. Right, you realize
• 1:40
  Speaker 5: that it was just a big smoking crater.
• 1:43
  Speaker 2: Of a company. So that's when I started saying, don't
• 1:45
  Speaker 2: trust Sam Bankman Freed.
• 1:47
  Speaker 3: I'm Hannah Miller, a reporter for Bloomberg. Follow Spellcaster The
• 1:51
  Speaker 3: Fall of Sam Bankman Freed on Amazon Music or wherever
• 1:55
  Speaker 3: you get your podcasts. You can start listening to Spellcaster
• 1:59
  Speaker 3: early and add free by subscribing to Wondery Plus an
• 2:02
  Speaker 3: Apple Podcasts or the Wondery App. I asked him what
• 2:11
  Speaker 3: I should ask Sam, and he was just like us,
• 2:13
  Speaker 3: where my money is