FTX - the legend of Sam Bankman-Fried - FT Film

FTX, Sam Bankman-Fried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted big-name investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it - everyone fell for the legend of Sam

#FTX #crypto #SBF

Produced, directed and edited by Daniel Garrahan. Filmed by Petros Gioumpasis and Gregory Bobillot. Graphics by Russell Birkett

00:00 - The legend of Sam 03:04 - FT explodes into the mainstream 07:04 - Cracks start to form 10:00 - The fall of FTX 13:58 - "I ended up losing $2.1m" 15:22 - Sam's apology tour 17:33 - Police arrest Sam in the Bahamas 18:34 - FTX's inner circle of power 21:09 - A failure of due diligence 23:29 - Where were the auditors? Where were the regulators? 27:49 - What FTX's collapse means for crypto

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