FTX: the legend of Sam Bankman-Fried | FT Film
FTX, Sam Bankman-Fried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted big-name investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it - everyone fell for the legend of Sam
#FTX #crypto #SBF
Produced, directed and edited by Daniel Garrahan. Filmed by Petros Gioumpasis and Gregory Bobillot. Graphics by Russell Birkett
00:00 - The legend of Sam
03:04 - FT explodes into the mainstream
07:04 - Cracks start to form
10:00 - The fall of FTX
13:58 - "I ended up losing $2.1m"
15:22 - Sam's apology tour
17:33 - Police arrest Sam in the Bahamas
18:34 - FTX's inner circle of power
21:09 - A failure of due diligence
23:29 - Where were the auditors? Where were the regulators?
27:49 - What FTX's collapse means for crypto
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