FTX didn't have to fail, says Sam Bankman-Fried book author

Quick Take

  • Brady Dale’s new book, “SBF: How The FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy,” explores the central role Sam Bankman-Fried played in the collapse of FTX.

Episode 45 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Nathan Crooks, and Axios reporter Brady Dale.

Listen below, and subscribe to The Scoop on AppleSpotifyGoogle PodcastsStitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].


In this episode, veteran crypto journalist Brady Dale unpacks his new book, SBF: How The FTX Bankruptcy Unwound Crypto's Very Bad Good Guy.

The book explores Bankman-Fried's worldview and his quest to make FTX the number one crypto exchange in the world, no matter the cost.

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Despite FTX's bankruptcy last year, Dale believes the exchange was not necessarily doomed to fail and that Bankman-Fried's need for absolute control was a critical factor.


This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Frank Chaparro is the Editor At Large at The Block. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. He runs his own podcast The Scoop and writes a biweekly eponymous newsletter. He leads special projects, including The Block's flagship podcast, The Scoop. Prior to The Block, he held roles at Business Insider, NPR, and Nasdaq. For inquiries or tips, email [email protected].

Editor

To contact the editor of this story:
Christiana Loureiro at
[email protected]