Newsletter
The FTX trial, day seven: Sam, I guess
Recordings of the now infamous all-hands meeting capture Caroline Ellison admitting to conspiring with Sam Bankman-Fried to misappropriate FTX customer funds.
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Crypto recaps
Issue 41 – This is not the Binance you're looking for
The crypto news outside of the FTX trial is... just more lawsuits against all the other crypto company founders.
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The FTX trial, day six: A constant state of dread
"Alternate" balance sheets, bribes, Saudi financing, and a painfully intertwined personal and professional life were among the topics described by Sam Bankman-Fried's former employee and girlfriend.
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The FTX trial, day five: Sam Bankman-Fried for president
Caroline Ellison testifies about Sam Bankman-Fried's appetite for risk, involvement in Alameda Research, and even his presidential aspirations.
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The FTX trial, day four: The fraud was in the code
The jury got a taste of code review as they examined a falsified "insurance fund" and the infamous FTX → Alameda Research "backdoor".
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The FTX trial, days 2–3: "FTX defrauded its customers", says former employee
Meanwhile, the defense tries to argue that if Sam Bankman-Fried was a criminal, he would've bought a fancier car.
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The FTX trial, day one: Jury selected in Sam Bankman-Fried case
The death penalty is not on the table, the judge reassured one prospective juror.
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Review: Michael Lewis's Going Infinite
If Sam Bankman-Fried is convicted in the upcoming FTX fraud trial, Lewis’s admiring biography will take an awkward place on the shelves of history.
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A preview of the Sam Bankman-Fried trial
Key witnesses and the likely legal strategies about to unfold in the historic case ahead.
Crypto recaps
Issue 40 – Extorted for my lambo
And they say crypto is dead: two $200 million disasters in a single week may be a new record.
Newsletter
News flash: 95% of NFTs have ALWAYS been worthless
Be skeptical of catchy headlines and junk data, even when they affirm your prior opinions.
Crypto recaps
Issue 39 – Partners in crime (of the criminal sort)
The SEC is stuck in Binance's "house of mirrors", SBF's parents are officially defendants now, and a Hong Kong crypto exchange hurtles towards collapse.
Newsletter
Sam Bankman-Fried's jail conditions offer a glimpse at systemic failure
The fallen crypto billionaire's pleas for proper meals and medical care are an unlikely illustration of America's broken jail system.
Crypto recaps
Issue 38 – The Wallet Event
Also: soccer scammers, Bitcoin tire fires, and a crash course in how to most clearly describe your NFT project as an unregistered securities offering.
Crypto recaps
Issue 37 – Things Sam is freaking out about
Things are heating up as the FTX trial looms, various crypto companies try to outmaneuver the SEC in court, and mainstream media crypto boosterism enjoys an unexpected revival.
Crypto recaps
Issue 36 – Sam Bankman-Jailed
"Just because the defendant was more subtle than a mobster doesn't mean it's OK."