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Tales From The Crypto: The Rise and Fall of FTX

S1 Ep6: When in Riyadh, You Wear a Suit

Tales From The Crypto: The Rise and Fall of FTX

Audio Up Inc.

Government, Investing, Business

4.21.4K Ratings

🗓️ 7 November 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

As crypto stumbles, SBF and his FTX step in as the savior of an industry. Amidst that glow, SBF and The Mooch partner with Sam Bankman-Fried purchasing a piece of Scaramucci’s firm. Now business partners, their first stop is the guided halls of the Middle East where The Mooch will help SBF raise more money for FTX.

Transcript

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0:00.0

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0:27.5

to start selling online today. I think one of the more interesting characteristics of Sam and this could have been a manufactured

0:45.6

affect or it could be genuine authenticity. We'll have to let the world decide that over time.

0:50.9

But you know Sam had a very expensive condominium that he purchased in Albany.

0:57.0

I think he selected Albany because of the security and the privacy nature of it.

1:02.0

And the condominium that he was in was a large one.

1:05.0

It was a penthouse, probably 40-ish million dollar condominium.

1:09.3

Albany is a complex is probably 15 years old.

1:12.8

It's on the southwest side of the island of Nassau

1:18.9

in the Bahamas.

1:19.8

It has a beautiful port, deep port, that could fit, you know, mega yachts.

1:25.4

And they have built this beautiful combination of condominiums and standalone houses and

1:31.9

townhouses. And so it's its own enclosed resort community.

1:37.0

They have four or five restaurants, great bars,

1:41.0

a water park for children, a couple of golf courses, a great venue for the golf

1:48.3

clubhouse.

...

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