FTX as soon as touted itself because the cryptocurrency buying and selling platform to revolutionize the business with its founder Sam Bankman-Fried on the helm.

This once-promising firm was on a path to decentralize and democratize a extremely advanced funding inside the crypto world. However the empire quickly collapsed in 2022, and Bankman-Fried was indicted on legal expenses of marketing campaign finance violations, securities fraud and cash laundering.

What occurred and who was responsible? Take heed to Episode 56 of The Nice Fail to listen to the complete story with particular visitor Jason Notte, workers author at Adweek.

Stream the brand new episode under, pay attention and subscribe on Apple Podcasts or discover it on Spotify.