In Catching Up to FTX: Lessons Learned In My Crusade Against Corruption, Fraud, and Bad Hair, celebrated YouTuber and podcaster Ben Armstrong delivers the extraordinary and compelling story of the rise and fall of FTX and its well-known founder Sam Bankman-Fried. Tracking the history of crypto exchanges from the original Mt. Gox to FTX and Binance, the author describes the history of fraud that has characterized much of the industry.
Armstrong outlines the history of Alameda Research, FTX, and Sam Bankman-Fried, including a first-hand account of what he saw in the Bahamas when the indicted crypto titan was extradited from his home to face dozens of criminal and regulatory charges in the United States. He also discusses:
● The weird and contradictory motives that drove Sam Bankman-Fried's brazen actions
● A blow-by-blow account of the downfall of Alameda Research, FTX, and Sam Bankman-Fried
● The red flags that many ignored—and a few didn't—that preceded the collapse of FTX
The perfect book for anyone interested in crypto, finance, and corporate scandal, Catching Up to FTX will earn a spot on the bookshelves of everyone looking for an intense rollercoaster of a true story.