The Intelligence: The fallen crypto king learns his fate

About this episode

<p>It has been called one of the <a href="https://www.economist.com/finance-and-economics/2023/11/03/sam-bankman-frieds-downfall-is-complete?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">biggest financial frauds in American history</a>. After the collapse of cryptocurrency exchange FTX, its founder is facing a maximum jail sentence of 110 years. Why the race to build <a href="https://www.economist.com/finance-and-economics/2024/03/07/the-world-is-in-the-midst-of-a-city-building-boom?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">new cities</a> is difficult, but potentially worthwhile (10:01). And how <a href="https://www.economist.com/britain/2024/03/22/marks-and-spencers-archive-is-a-window-on-20th-century-britain?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">M&S knickers</a> can help solve murders (16:15).</p><br><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>Subscribe to Economist Podcasts+</em></a></p><br><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=48TlDbL-4vU" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account. </em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>