FTX’s Collapse Isn’t Just About Fraud. It’s About What Happens When You Live Inside the Crypto Bubble.

James Surowiecki
4 min readDec 1, 2022
Sam Bankman-Fried, 2022

Disgraced FTX founder Sam Bankman-Fried’s live interview today with the New York Times’ Andrew Sorkin at the paper’s Dealbook conference was predictably odd, with Bankman-Fried at once appearing contrite and apologetic for his many failures as FTX’s C.E.O. while also dodging any suggestion that chicanery was involved…

James Surowiecki

I’m the author of The Wisdom of Crowds. I’ve been a business columnist for Slate and The New Yorker and written for a wide range of other publications.