Paris Marx is joined by Jacob Silverman to discuss the trial of Sam Bankman-Fried, why he was found guilty, and how his negative traits are common across Silicon Valley.
Jacob Silverman is a journalist and the co-author of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. He’s also the host of The Naked Emperor. Find more of Jacob’s work on jacobsilverman.com.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.
The podcast is produced by Eric Wickham. Transcripts are by Brigitte Pawliw-Fry.
Also mentioned in this episode:
- Jacob recently wrote about the Sam Bankman-Fried trial for Air Mail, The Nation, and his newsletter.
- Elizabeth Holmes reported to prison in May for an 11-year sentence for swindling investors in Theranos.
- Sam Bankman-Fried is facing further charges in a second trial scheduled for March 11. He’s also due to be sentenced for the guilty charges in the first trial on March 28.
- Caroline Ellison revealed the leaked balance sheet that ultimately tanked FTX and Alameda was one of seven fakes made at the behest of Bankman-Fried.
- Max Chafkin and Hannah Miller wrote about the role of Bankman-Fried’s parents in Bloomberg Businessweek.
- Binance is in crisis in the face of a serious Department of Justice investigation.
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