The Intelligence: The fallen crypto king learns his fate
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 28 March 2024
⏱️ 25 minutes
🧾️ Download transcript
Summary
It has been called one of the biggest financial frauds in American history. After the collapse of cryptocurrency exchange FTX, its founder is facing a maximum jail sentence of 110 years. Why the race to build new cities is difficult, but potentially worthwhile (10:01). And how M&S knickers can help solve murders (16:15).
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Transcript
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| 0:00.0 | Hi, it's Grace from Working Hard and my podcast is currently sponsored by Premier Inn. Wherever Work takes you in the UK, Premier Inn has you covered with over 800 hotels nationwide. Every room has a super comfy bed and blackout curtains for a great night's sleep, plus handy work spaces if you need to catch up on emails. And in the morning, you can add on an unlimited brecky to fuel your day. What's better than coffee and cuassons for a full day of meetings? So next time |
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| 0:24.6 | So what are you waiting for? Book your next work trip now at Premier Inn.com. |
| 0:30.3 | This podcast is sponsored by Tradeu. Here's something of interest, a multi-asset trading platform |
| 0:36.0 | that lets you earn 4.5% on your stock account |
| 0:39.1 | cash balance. It's made possible with today's sponsor, Tradeu, where you can trade with an |
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| 0:57.7 | interest, subject to minimum balance, terms and conditions apply. |
| 1:03.6 | The Economist. |
| 1:13.9 | Hello and welcome to the intelligence from The Economist. |
| 1:16.2 | I'm your host, O'A O'Ugen-Bee. |
| 1:21.6 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 1:32.3 | States everywhere from Bhutan to Honduras are trying to build shiny new cities. But how many are just the experiments of vanglorious billionaires? |
| 1:36.3 | Could any of these planned developments actually rise above existing ones? |
| 1:41.3 | And our correspondent takes us to the archive of retail star, Marx and Spencer. |
| 1:48.7 | It turns out that knickers and cardigans can reveal quite a lot about Britain's social history |
| 1:53.9 | and even help solve crimes. |
| 2:03.5 | First up, though, |
| 2:14.8 | It has been called one of the biggest financial frauds in American history. |
| 2:21.1 | In November last year, a jury took just four hours to convict Sam Bankman-Fried, |
| 2:27.4 | the former boss of the cryptocurrency exchange, FTX, on seven complicated charges. |
... |
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