Unhedged

Sam Bankman-Fried takes the stand

Reporter Joshua Oliver joins us just hours after the closing arguments of the fraud trial of Sam Bankman-Fried, founder of the FTX crypto exchange. We talk about why it’s hard to find a smoking gun in a white-collar criminal trial, why Bankman-Fried testified and what it was like for Oliver to hear his own name in the testimony. Also we go long and short a hedge fund trying to build a news organisation.  For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a> Follow Ethan Wu (<a href="https://twitter.com/ethanywu" rel="noopener noreferrer" target="_blank">@ethanywu</a>) and Katie Martin (<a href="https://twitter.com/katie_martin_fx" rel="noopener noreferrer" target="_blank">@katie_martin_fx</a>) on X, formerly Twitter. You can email Ethan at <a href="mailto:ethan.wu@ft.com" rel="noopener noreferrer" target="_blank">ethan.wu@ft.com</a>. <a href="https://www.ft.com/content/2db1d8a3-7e88-40d4-a80d-418dbe9cb629" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.