The Giant Crypto Fraud

When Sam Bankman-Fried was found guilty of fraud last week, the only surprise was how quickly the jury reached their verdict. John Lanchester joins Tom to discuss how the former crypto billionaire ended up facing a life sentence, from his early career in finance and embrace of Effective Altruism to the simple but audacious nature of his crime, and why he found himself in a US court, even though US citizens were banned from using his trading company, FTX.Read John Lanchester on Sam Bankman-Fried: lrb.me/sbfpodRead Rosemary Hill's pick from the LRB archive: lrb.me/rosemarypodSubscribe to the LRB here: lrb.me/nowFind out about the Colour Revolution exhibition at the Ashmolean Museum here:https://www.ashmolean.org/exhibition/colour-revolution-victorian-art-fashion-design Hosted on Acast. See acast.com/privacy for more information.