Sam Bankman-Fried was the boy-wonder face of crypto: a 30-year-old who based one of many greatest cryptocurrency exchanges on this planet, a celebrated philanthropist value an estimated $16 billion.
However earlier this 12 months, SBF was arrested within the Bahamas and charged with wire fraud, securities fraud, and cash laundering, amongst different issues. He was then extradited to the US and launched from jail on a $250 million bond. Then, like lots of people who’re down on their luck, he moved again in together with his dad and mom.
SBF’s trial is about for Oct. 2. Whereas we await his destiny in court docket, Soiled Cash co-hosts Jon Small and Dan Bova spoke with Entepreneur.com editor Samantha Silverman to get all of the soiled particulars on SBF’s rise and spectacular fall.
If you happen to ever needed to know who SBF actually is, we encourage you to take a position your time in watching the above video. Don’t fret. We might by no means ask you to put money into one thing that wasn’t really going to make you smarter and richer, we swear!
About Soiled Cash
Soiled Cash is a brand new podcast sequence from Entrepreneur Media telling the tales of legendary scammers, con artists, and barely-legal lowlifes who cease at nothing to bilk their marks of thousands and thousands. Hosted by Entrepreneur editors Dan Bova and Jon Small, the podcast takes a deep dive into the deviants behind the deeds
Associated: The Very Loopy Story of Loopy Eddie, the Electronics and Scamming Large