Front Burner Presents | The Naked Emperor E2: The Beginning of the End

Published: March 31, 2023, 8:10 a.m.

We return to the beginning of Sam Bankman-Fried\u2019s lucrative foray into crypto and ask: how did it all fall apart? \n\nSam Bankman-Fried rose to the top of the crypto world with help from his friends. Gary Wang was a former fellow math-camper and brilliant programmer; Caroline Ellison was a former colleague at an elite Wall Street firm and an avid LARPer on the side. \n\nWhile still in their twenties, they were entrusted with billions of dollars of customer and investor funds. But in retrospect there were signs that maybe their enormous fortunes weren't created simply through their supposed technological and financial genius.\n\nFor more episodes of The Naked Emperor, check out its podcast feed: https://link.chtbl.com/uXdCyMR8\n\nFor transcripts of this series, please visit: https://www.cbc.ca/radio/frontburner/transcripts