Episode 56: FTX - From Irresistible to Criminal

FTX was once touted as the cryptocurrency trading platform with its founder, visionary Sam Bankman-Fried, promising to revolutionize the industry.This once-promising company was on a path to decentralize and democratize a highly complex investment within the crypto world but by 2022, headlines that read, “Scam of the Century”, “Bank Fraud and Conspiracy”, and “Criminal Charges” pointed to a grim future.What happened and who was to blame? Listen to episode 56 of The Great Fail to hear the full story with special guest Jason Notte, staff writer at Adweek.  FTX Sources Have celebs learned their lesson from the FTX debacle? The rise and fall of FTX The Collapse of FTX: What Went Wrong with the Crypto Exchange? Tom Brady And Other A-Listers Sued For Fumbling FTX Endorsements FTX Investors Sue Celebrity Endorsers Celebrity Crypto-Hawkers Should Get a Close Look Timeline: The rise and spectacular fall of FTX SBF: THE VIRTUE WAS THE CON Why Did FTX Collapse? Here’s What to Know.  Should Sports Stars And Celebrities Endorse Or Accept Crypto Pay After Entanglement In FTX Scandal? Sports stars lending legitimacy to crypto firms raises ethical questions when many fans can’t afford to lose The Fall of FTX and Sam Bankman-Fried: A Timeline  Special Guest: Jason Notte, Staff Writer at Adweek Jason is an Adweek staff writer covering the business of marketing. Jason has previously covered marketing, technology and personal finance and for TheStreet, MarketWatch and MSN Money.  Hosted on Acast. See acast.com/privacy for more information.

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The Great Fail is a true crime inspired, business podcast that examines the greatest success stories of the most prominent and prolific companies, brands, and people and what led to their demise. If you love true crime and stories of massive failures, you've come to the right place! Here we take a forensic look at stories that will irk you, shock you, and have you picking your jaw up off the floor, all while learning the oftentimes avoidable, mistakes that have ended the lives of companies and left boardrooms looking like crime scenes. Hosted on Acast. See acast.com/privacy for more information.