Publisher Description
A first-hand look at the extraordinary collapse of FTX, Alameda Research, and Sam Bankman-Fried
In SBF: How the FTX Bankruptcy Unwound Crypto’s Very Bad Good Guy, accomplished crypto reporter Brady Dale presents an engrossing take on the spectacular and sudden implosion of FTX, Alameda Research, and their associated companies, as well as the criminal indictments of Sam Bankman-Fried and several of his associates. In the book, you’ll go beyond the salacious details and tawdry gossip to grasp the real lessons to be learned from one of the most dramatic corporate failures in living memory.
The author explores: the often-confusing world of cryptocurrency and decentralized finance, offering a deep understanding of both industries; the history of Sam Bankman-Fried, what smart money players had to say about him in 2019 and 2020, and why many decentralized finance professionals considered him a “pirate” even before FTX and Alameda blew up; and what the aggressive lobbying campaigns waged by FTX and Sam Bankman-Fried reveal about the latter’s motives and goals. An extraordinary account of almost unimaginable wealth, greed, and hubris, SBF is a can’t-miss account of a fascinating corporate tragedy that continues to unfold to this very day.
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