Sam Bankman-Fried Paid Little Heed to Risk, Say Ex-Staff

Early staffers at Sam Bankman-Fried’s first company, Alameda Research, say they quit over his approach to risk, compliance and accounting. How similar were those issues to ones that arose at the crypto exchange FTX? Wall Street Journal special writer Gregory Zuckerman joins host Zoe Thomas to discuss what happened at Alameda and how much it foreshadowed FTX’s downfall.

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Early staffers at Sam Bankman-Fried’s first company, Alameda Research, say they quit over his approach to risk, compliance and accounting. How similar were those issues to ones that arose at the crypto exchange FTX? Wall Street Journal special writer Gregory Zuckerman joins host Zoe Thomas to discuss what happened at Alameda and how much it foreshadowed FTX’s downfall.

Learn more about your ad choices. Visit megaphone.fm/adchoices