What Do Sam Bankman-Fried’s Weird Ideas About Risk Have to Do With FTX’s Collapse? Almost Everything.
5 min readDec 31, 2022
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2022 was, you might say, the year when grifters got their just deserts. The year began with the conviction of Theranos founder Elizabeth Holmes, and ended with the arrest on fraud charges of FTX founder Sam Bankman-Fried, and the revelation that newly-elected Republican House member George Santos had essentially…