FTX, Sam BankmanFried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted bigname investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it everyone fell for the legend of Sam

#FTX #crypto #SBF

Produced, directed and edited by Daniel Garrahan. Filmed by Petros Gioumpasis and Gregory Bobillot. Graphics by Russell Birkett

00:00 The legend of Sam
03:04 FT explodes into the mainstream
07:04 Cracks start to form
10:00 The fall of FTX
13:58 "I ended up losing $2.1m"
15:22 Sam's apology tour
17:33 Police arrest Sam in the Bahamas
18:34 FTX's inner circle of power
21:09 A failure of due diligence
23:29 Where were the auditors? Where were the regulators?
27:49 What FTX's collapse means for crypto

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