The Chopping Block: Gabriel Shapiro on Why Sam Bankman-Fried May Be a Sociopath - Ep. 555

Published: Oct. 12, 2023, 11 a.m.

b'Welcome to The Chopping Block \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and chop it up about the latest news. This week, the crew is joined by Gabriel Shapiro, general counsel at Delphi Labs, to talk about the key points in the criminal trial of Sam Bankman-Fried and his lackluster defense strategy so far. They also delve into Michael Lewis\\u2019 book and his depictions of SBF\\u2019s \\u201clore and backstory,\\u201d and discuss how SBF\\u2019s \\u201cquirks of character\\u201d may have actually enticed investors.\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\n\\nShow highlights:\\xa0\\n\\nHow Haseeb\'s previous comments on Sam Bankman-Fried\\u2019s intentions "didn\'t age well" after developments in the trial\\n\\nWhy Gabriel believes that SBF is a "sociopath" and should have taken a plea deal if offered\\n\\nShortcomings in the defense\\u2019s strategy and why Gabriel believes they\\u2019re \\u201cgrasping at straws\\u201d\\n\\nHow the fake numbers of FTX insurance fund highlight the weaknesses of a centralized exchange\\n\\nWhy Matt Huang, cofounder of VC firm Paradigm, agreed to testify in such a high-profile trial, and why Haseeb as a VC himself wouldn\'t have done it\\n\\nWhether SBF understood the technical components of crypto and why he sounded like ChatGPT in his responses, according to Tarun\\n\\nWhether VCs are to blame for investing in FTX or what lessons VCs need to take away from the SBF debacle.\\xa0\\n\\nThe differences and similarities between SBF and Binance CEO Changpeng Zhao\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nTom Schmidt, general partner at Dragonfly\\xa0\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\nGuest:\\n\\n\\nGabriel Shapiro, General counsel of Delphi Labs\\n\\nPrevious appearances on Unchained:\\n\\nAre DAOs Strong Enough to Survive the Regulators?\\n\\nWhat Does Mango Markets Exploiter Avi Eisenberg\\u2019s Arrest in Puerto Rico Mean for DeFi?\\n\\nDisclosures\\nLinks\\n\\nPrevious coverage of Unchained on the trial of Sam Bankman-Fried:\\n\\nSam Bankman-Fried Trial: Here\'s Everything That Happened So Far\\n\\nSBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF\\u2019s Family\\n\\nSBF Trial, Day 2: DOJ Says Sam Bankman-Fried \\u2018Lied\\u2019 While Defense Claims His Actions Were \\u2018Reasonable\\u2019\\n\\nSBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact\\n\\nSBF Trial, Day 4: SBF\\u2019s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda\\u2019s Special Privileges\\n\\nSBF Trial, Day 5: SBF\\u2019s Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?\\n\\nSBF\\u2019s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?\\n\\nDid Sam Bankman-Fried Have Intent to Defraud FTX Investors?\\n\\nHere\\u2019s How Sam Bankman-Fried\\u2019s High-Stakes Trial Could Play Out\\n\\nSBF Trial: How Sam Bankman-Fried\\u2019s Lawyers Might Try and Win His Case\\n\\nThe High-Stakes Trial of Sam Bankman-Fried Begins: What to Expect\\n\\nFTX Used a Fake Number to Beef Up Its Insurance Fund: Gary Wang\\n\\n\\nPrevious coverage of the trial elsewhere:\\xa0\\n\\nNYT: What FTX\\u2019s Sam Bankman-Fried and J.P. Morgan Have in Common\\n\\n\\nForbes: Sam Bankman-Fried Knew Plenty About His Alameda Research Hedge Fund\\u2013And Sent Details To Forbes Just Months Ago\\n\\n\\nTarun\'s tweet on insurance funds being onchain\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'