The Man Who Was Supposed to Save Crypto
The Daily18 Nov 2022

The Man Who Was Supposed to Save Crypto

Earlier this year, much of the crypto industry imploded, taking with it billions of dollars. From that crash, one company and its charismatic founder emerged as the industry’s savior.

Last week, that company collapsed.

Who is Sam Bankman-Fried, how did he become the face of crypto, and why did so many believe in him?

Guest: David Yaffe-Bellany, a reporter covering cryptocurrencies and fintech for The New York Times.

Background reading:

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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