25 min listen
How FTX used billions to influence The Swamp --- and then collapsed
How FTX used billions to influence The Swamp --- and then collapsed
ratings:
Length:
25 minutes
Released:
Nov 22, 2022
Format:
Podcast episode
Description
“A massive crash and burn.” That is how Peter Schweizer describes the collapse of crypto-currency billionaire Sam Bankman-Fried and his ill-fated company, FTX. The company has filed for bankruptcy, and reports indicate it owes its fifty largest creditors $3.1 billion dollars. Quite a cautionary business story. But here on The Drill Down, we explore the political side of this story – the corruption and “regulatory capture” that allowed Sam Bankman-Fried to create such a house of cards. In the latest episode of the podcast, Peter and co-host Eric Eggers dig in on the Washington side of this.
Released:
Nov 22, 2022
Format:
Podcast episode
Titles in the series (100)
The Hunter China Connection by The Drill Down with Peter Schweizer