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Sam Bankman-Fried returns to court to challenge fraud verdict

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Manage episode 517496302 series 3603730
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research.


But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.


Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.

  continue reading

154 episodes

Artwork
iconShare
 
Manage episode 517496302 series 3603730
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research.


But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.


Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.

  continue reading

154 episodes

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