Comparing Sam Bankman-Fried, Native Digital, and Bernie Madoff, Native Analog | Lochhead on Different

Cloud Wars Live with Bob Evans · Dec 28, 2022 · 45m

The Big Themes:

Similarities between Madoff and SBF: Both men "wrapped themselves" in celebrity, fancy parties, and politics. They were able to pull off the deception they created by being good "talkers" and schmoozers.

Differences between Madoff and SBF: Where Madoff admitted his wrongdoing virtually immediately, SBF has been spinning a story of incompetence rather than crime. Christopher makes connections between this behavior to SBF's identity as a Native Digital.

Is the end of FTX also the end of crypto? Christopher says no way. This type of scandal will probably help to move regulation…