How The FTX Bankruptcy Unwound Crypto's Very Bad Good Guy
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In SBF: How The FTX Bankruptcy Unwound Crypto's Very Bad Good Guy, crypto reporting veteran Brady Dale delivers a fascinating treatment of the rise and fall of Sam Bankman-Fried and his companies, including the FTX crypto-currency exchange and Alameda Research. In the book, you'll find more than a story of unimaginable wealth, greed, and fraud. You'll discover the true lessons of the SBF story, gain a deep understanding of the oft-confusing world of crypto, explore the opportunities and challenges inherent in the industry, and--if you choose--get ready to profitably ride the next bull and bust cycle. The author explores why Sam Bankman-Fried was considered by many to be such a talented trader, and how he built the early funds that allowed him to launch FTX in the wake of Alameda Research's success. He also describes SBF's first taste of public leadership in the form of the (very weird) story of SushiSwap and Uniswap. You'll find out about the decentralized finance industry, what it hopes to accomplish, and how SBF and his companies came to be seen as pirates in that space long before the foundations of FTX showed external signs of strain. Finally, you'll examine what the aggressive political lobbying campaigns waged by FTX and Sam Bankman-Fried reveal about the character and motives that drove SBF. An engrossing and timely exploration of one of the most spectacular crypto implosions in recent memory, SBF will earn a place on the bookshelves of anyone interested in how technology is changing society, as well as those following cryptocurrency investing and speculation. It's an opportunity to learn from history before it inevitably repeats itself.