Miss Findependent

We’ve all seen the headlines, FTX and Samuel Bankman-Fried have been under serious water. Curious to know how the massive crypto empire was built, and why it collapsed? This story is as wild as it gets.

Show Notes

We start at the very beginning. Who was Samuel Bankman-Fried, mainly known by his initials SBF? How did he build his crypto fortune? Did he always come from money?

In this week’s episode of The Miss Findependent Podcast, I get into all of this and more. 

This isn’t some fluff piece. This is the full story… with updates from his employees, details about his political involvement, and some insight into what shaped him to be the man he is today. 

SBF comes off as a big philanthropist, guided by his belief in altruism. Some say philanthropist. I say fraudster. 

SBF single handedly loses his fortune of $17.2 Billion, declares a chapter 11 bankruptcy, and causes thousands of people to lose not only their hard earned money, but also their faith in crypto. 

In case you haven’t heard of SBF - Sam Bankman-Fried is an entrepreneur and former founder/CEO of FTX, FTX.US, and Alameda Research, but if this story is the titanic, this is just the tip of the iceberg.

Here’s what we get into in detail:

1:55 - Who is Sam Bankman-Fried
5:14 - Arbitrage
6:53 - How does SBF become a Billionaire?
9:00 - Scaling FTX
14:20 - The Bahamas
15:40 - The Downfall of FTX
25:35 - The Residual Impact
31:33 - SBF Political Involvement

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What is Miss Findependent?

Teaching women financial literacy, and helping them be more confident investors, entrepreneurs or go further in their careers.