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Economist Podcasts

SBF, FTX, WTF? Sam Bankman-Fried goes on trial

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 3 October 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

The founder of FTX, a spectacularly failed cryptocurrency exchange, is a curious character. He denies the stack of charges he faces in a New York court, but unpicking the cryptographic paper trail will be tricky. Crime in Britain is broadly in decline, with the notable exception of increasingly brazen shoplifting (10:24). And how a sports-media entrepreneur became a pizza-review star (15:57).

Additional audio courtesy South West News Service.


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Transcript

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0:00.0

Hello, I'm currently out of office.

0:04.4

An article I read recently said we're more relaxed and more productive after a good break.

0:14.4

So I've gone to Barbados for a month for science. Yours, Toby. Take your holiday as seriously as British

0:26.7

Airways holidays take your holiday. Atul protected. This episode is sponsored by Tradeu,

0:35.1

the multi-asset platform that lets you trade with an institutional edge.

0:40.6

Get access to Jeffrey's research, trading view and analyst AI, all free with your

0:46.4

trade-do account.

0:48.1

Tradeu, your trade, your move.

0:51.7

Explore more at tradeu.com.

0:55.0

Your capital is at risk.

0:56.4

Terms and conditions apply.

1:01.2

Hello and welcome to the intelligence from The Economist.

1:04.5

I'm your host, Jason Palmer.

1:06.7

Every weekday, we provide a fresh perspective on the events shaping your world.

1:15.6

Crime in Britain is broadly on a downward trend.

1:18.6

One offence, though, is clearly on the up.

1:21.6

Shoplifting.

1:22.6

It's getting more organized, more brazen,

1:25.6

and it doesn't have as much to do with inflation and costs of living as you might think.

1:30.3

And Dave Portnoy first made his name when he started Barstool Sports two decades ago,

1:36.3

but it's his One Bite reviews on YouTube that have made him the unlikely kingmaker of American pizza.

1:54.2

First up, though. Proceedings today are going to bring up some sour memories for thousands of cryptocurrency

...

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