What Next TBD: Sam Bankman-Fried—and Crypto—on Trial

Slate Technology

Slate

Society & Culture, Technology, History

4.6 • 636 Ratings

🗓️ 6 October 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As the trial begins, SBF is making the case that what he did is typical in the world of crypto. But when the government paints a much bleaker picture of FTX—one riddled with fraud and deception—what does that say about the industry? Guest: Nitish Pahwa, associate business and tech writer at Slate. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I made you think you was real.
0:02.0	My name is Caden Sinclair.
0:04.0	Some people call us American royalty.
0:06.0	We were Liars.
0:08.0	A new series on Prime Video.
0:10.0	We were happy. We wanted for nothing.
0:12.0	Based on the best-selling novel.
0:15.0	Something terrible happened last summer,
0:17.0	and I have no memory of what or who hurt me.
0:20.0	No one in my family will tell me.
0:22.7	When you're left for dead, you want answers. We Will Liars. New series, watch now, only on Prime Video.
0:30.7	Just a heads up before we get started, this is a fast-moving story, and we're taping on Thursday afternoon.
0:36.6	All right, here's the show.
0:42.0	I'll start with an easy question. Tell me who you are and what you do.
0:46.1	I'm Natish Pawla. I'm an associate business and tech writer here at Slate.com.
0:52.6	And today, I am here at the Southern District of New York
0:57.4	covering the Sam Bankman-Free trial. Like so many others, Natish is there covering the trial
1:04.4	of Sam Bankman-Fried, one of the biggest cases of financial fraud ever committed. The trial
1:10.1	kicked off this week in downtown Manhattan, right where that other big civil
1:14.6	trial was happening.
1:16.3	According to Natish, it was a circus.
1:18.9	There's already tons of cameras set up.
	...

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