The Accounting Software That Crashed a $32 Billion Empire
A $32 billion cryptocurrency empire runs on basic accounting software, while its founder makes billion-dollar decisions in cargo shorts. How did it all unravel?
The Accounting Software That Crashed a $32 Billion Empire
This episode explores the origins of FTX, a cryptocurrency exchange that reached a $32 billion valuation before its dramatic collapse. It delves into the surprising details of its operations and the man at its center, raising questions about how such a discrepancy between perception and reality could exist.
Person: Sam Bankman-Fried
Company: FTX
Valuation: $32 billion
Software…
The skinny
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