Podknife - The FTX Reboot That Never Was by WSJ Tech News Briefing

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The FTX Reboot That Never Was

Podcast |: WSJ Tech News Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Gadgets,; Tech News,; Technology
Categories Via RSS |: News,; Tech News
Publication Date |: Mar 28, 2024
Episode Duration |: 00:12:28

In November 2022, FTX, then one of the world’s largest crypto exchanges, collapsed. The company filed for bankruptcy, and criminal cases were opened against its former CEO, Sam Bankman-Fried. He was later convicted of fraud and conspiracy and is set to be sentenced today. But in the aftermath of the collapse, the lawyers and advisers running FTX’s bankruptcy explored the possibility of rebooting the company. WSJ reporter Alexander Osipovich tells host Alex Ossola why that reboot didn’t happen—and why some people say that’s a missed opportunity. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

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