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What Sam Bankman-Fried And Bernie Madoff Have In Common

 What Sam Bankman-Fried And Bernie Madoff Have In Common

It’s easy to describe the FTX scam as “unprecedented.” After all, concepts like blockchain or cryptocurrency haven’t been around for decades, let alone centuries.

But it is anything but unprecedented. I have followed the crypto space closely in recent years and, while it is a unique segment of the overall market, it is not immune to the lessons of history.

As the pressure began to mount on FTX founder and CEO Sam Bankman-Fried, my wife happened to express interest in watching the four-part…

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