The Naked Emperor

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Sam Bankman-Fried was at the top of the game. He was a billionaire by the time he turned 30, and the trusted face of crypto with his trading platform FTX. Its logo was on the Miami Heat’s arena and the uniforms of Major League Baseball umpires. Despite his dorm room lifestyle he charmed celebrities, politicians, and Silicon Valley. That is, until it all came crashing down. The Naked Emperor is a 4-part series about the stratospheric rise and spectacular fall of Sam Bankman-Fried. Tech/crypto journalist and host Jacob Silverman takes listeners on a wild ride in search of an answer to the question ... 'How did Sam Bankman-Fried happen?' (Familiarity with crypto very much not required). From CBC News and the team that brings you Front Burner.

CBC


    • May 19, 2025 LATEST EPISODE
    • monthly NEW EPISODES
    • 26m AVG DURATION
    • 29 EPISODES
    • 4 SEASONS

    Ivy Insights

    The Naked Emperor podcast is a captivating and educational series that delves into the world of cryptocurrency, providing valuable insights even for those who are not well-versed in the subject matter. The podcast does an excellent job of presenting complex concepts in a way that is easy to understand, making it accessible to a wide range of listeners. It also features top-notch production quality, ensuring an enjoyable listening experience throughout.

    One of the best aspects of this podcast is its ability to engage listeners, regardless of their prior knowledge or interest in crypto. The hosts are skilled at breaking down complicated topics and explaining them in a clear and concise manner. This makes it a great resource for those who may be skeptical or unfamiliar with the industry. Additionally, the podcast features expert guests and insightful interviews, further enhancing its credibility and providing diverse perspectives on the subject.

    Furthermore, The Naked Emperor excels in storytelling and keeping listeners hooked from episode to episode. The narrative follows the rise and fall of prominent figures in the crypto world, adding a compelling element to the educational content. The writing is exceptional and demonstrates thoughtfulness and research, ensuring that listeners are provided with accurate information.

    However, one potential downside of the podcast is the occasional sense of "gotcha" moments that some listeners may find off-putting. While these instances may serve as entertainment value for some, others might feel that they detract from the overall informative nature of the series. Additionally, some listeners have expressed a desire for more simplified explanations regarding transactions, bailouts, and tokens. Although understanding these intricacies isn't crucial to enjoying the podcast's main narrative arc, providing more context could enhance comprehension for those less familiar with crypto.

    In conclusion, The Naked Emperor is an outstanding podcast that offers a deep dive into the world of cryptocurrency while remaining engaging for both enthusiasts and skeptics alike. Its ability to present complex topics in an approachable manner coupled with excellent storytelling sets it apart from other podcasts in the genre. Despite some minor critiques, the overall presentation and quality make this podcast a must-listen for anyone interested in gaining a deeper understanding of the crypto industry.



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    Latest episodes from The Naked Emperor

    In God We Antitrust

    Play Episode Listen Later May 19, 2025 36:33


    American antitrust laws were designed to stop companies from wielding the power of kings. But in the 1970s, a legal scholar named Robert Bork convinced Washington to ignore those laws. Host Cory Doctorow traces how Bork's influence gave digital giants like Amazon a decades-long free pass to dominate markets, crush competitors, exploit their own business clients, and treat users like hostages — and how, after 40 years of inaction, former FTC chair Lina Khan took on the fight to rein in monopoly power. Guests in this episode include Michael Wiesel, Lina Khan, and Clive Thompson. Archival recordings feature Robert Bork.

    Ctrl, Ctrl, Ctrl

    Play Episode Listen Later May 12, 2025 28:34


    In 1998, the United States Congress tried to tame the wild internet with a new law: the Digital Millennium Copyright Act. But buried in its fine print was a provision that would end up giving tech giants ultimate legal protection and control, and stop innovators from fixing what's broken. Host Cory Doctorow traces how a law written for a different era led to the arrest of a researcher, became the playbook for Meta's enshittification, and lets platforms degrade your online life today — protecting them while they do it.  Guests in this episode include Seth Schoen and Pam Samuelson. Archival recordings feature Dmitry Sklyarov, Bruce Lehman, Al Gore, and Steve Sipress. 

    Don't Be Evil

    Play Episode Listen Later May 5, 2025 36:47


    Google Search was the gold standard — a product born in a dorm room during the internet's early, idealistic era. But when internal emails surfaced they revealed a deeper conflict inside the company: was Google making Search worse, on purpose, to boost ad revenue? Google says its changes are all about benefiting users. Critics say it's all part of a bigger pattern — one that host Cory Doctorow calls enshittification: the slow, deliberate decay of platforms in the name of profit.Guests in this episode include Ed Zitron, Emmanuel Goldstein, Clive Thompson, and Steven Levy. 

    Introducing Understood: Who Broke the Internet?

    Play Episode Listen Later Apr 28, 2025 3:49


    It's not you — the internet really does suck. Novelist, blogger and noted internet commentator Cory Doctorow explains what happened to the internet and why you're tormented by ads, bots, algorithms, AI slop and so many pop-ups.Spoiler alert: it wasn't an accident.In a four-part series, Doctorow gets into the decisions made by powerful people that got us here, and most importantly, how we fix it. New episodes released weekly starting on Monday, May 5, 2025.

    The Céline-aissance

    Play Episode Listen Later Nov 5, 2024 32:42


    In the aftermath of René Angélil's death, a Céline-aissance. But then, illness strikes. In the final episode of Céline: Understood, a look at her recent years, and why her fame endures.

    The Globalization of Céline

    Play Episode Listen Later Oct 29, 2024 30:46


    Céline Dion becomes inescapable in the mid-nineties with her hit song from the Titanic soundtrack, My Heart Will Go On. She achieves a unique level of global fame, earning fans from Jamaica to Iraq. But her ubiquity will also inspire a backlash in North America.

    The U.S. Gamble

    Play Episode Listen Later Oct 22, 2024 30:14


    With her manager René Angélil by her side, Céline Dion is starting to crossover into the US. But there's a secret René and Céline have been keeping: one René feared could stop Céline's blooming career in its tracks.

    gamble ren ang
    Conquering Québec

    Play Episode Listen Later Oct 15, 2024 37:50


    Céline Dion slept in a drawer as a baby born into a poor francophone Catholic family in Québec. At 12, she gets discovered in an office in Montreal, and she becomes a rising star in the insular constellation of Québec celebrity. But just as Céline is trying to break into English Canada, political tensions are running high in Québec. And some accuse her of selling out.

    Introducing Céline: Understood

    Play Episode Listen Later Oct 8, 2024 2:56


    Céline Dion is having a moment. It's not her first. And millions of fans are hoping it won't be her last. While Céline's international stardom seems obvious now, it was all so unlikely. This four-part series hosted by Céline expert Thomas Leblanc explores the surprising cultural, political and business alchemy that created one of the most enduring superstars the planet has ever seen. Four episodes releasing weekly starting on Tuesday, October 15, 2024.

    Bonus: Click Here from Recorded Future News

    Play Episode Listen Later Jul 18, 2024 28:14


    A former American IRS investigator responsible for some of the earliest dark market takedowns has been in Nigerian custody since February. Neither Nigerian nor the US authorities seem to be distinguishing Tigran Gambaryan from Binance, the company where he works. The Click Here podcast from Recorded Future News is a bi-weekly tech news podcast and this episode features Jacob Silverman, the host of The Naked Emperor: Understood to help dive into this story. More episodes of Click Here are available at: https://therecord.media/podcast

    BONUS: Modi's weak win

    Play Episode Listen Later Jun 5, 2024 18:10


    Prime Minister Narendra Modi may have narrowly won a third term, but without a majority government, his grip on power appears weaker than ever. On this bonus episode of Modi's India: Understood, host Salimah Shivji and producer Joyita Sengupta talk about the surprising results of the Indian election. 

    Modi's India Episode 4: The Storyteller

    Play Episode Listen Later May 27, 2024 42:41


    India's democracy has been called a miracle. Now, some fear it's at risk.From Gandhi's legacy to Bollywood films, how is Modi rewriting the story of India?

    Modi's India Episode 3: The Strongman

    Play Episode Listen Later May 20, 2024 38:05


    Entering his second term stronger than ever, Modi can wield his power in ways that shock many inside India and out. There are crackdowns on dissent at home and accusations his government is tied to assassination plots abroad. His government denies these allegations, but the question remains: how far will Modi go to stop those who challenge him?

    Modi's India Episode 2: Development Man

    Play Episode Listen Later May 13, 2024 32:03


    Narendra Modi is the most popular political leader on the planet. His supporters boast that he's transformed India's economy – it's now the world's fifth largest, surpassing its former colonial ruler, Great Britain. How did Modi shake off the memory of deadly religious riots to win the devotion of hundreds of millions of Indians across the country and the world?

    Modi's India Episode 1: Emperor of Hindu Hearts

    Play Episode Listen Later May 13, 2024 33:27


    How did Narendra Modi, the son of a humble tea seller rise up the political ranks to become one of the most powerful leaders India has ever seen? And did bloody religious riots damage his political future, or turbocharge it?

    Modi's India: Season 3 of Understood

    Play Episode Listen Later Apr 24, 2024 2:02


    How did one man rise from poverty to the peak of political power and secure the adoration of nearly one billion people? And how did he overcome accusations - that he denies - of complicity in religious violence and alleged international assassination plots?In the latest season of Understood, Mumbai-based journalist Salimah Shivji examines the remarkable rise, and incredible power that Indian Prime Minister Narendra Modi has acquired. And as his country emarks on a massive election Shivji asks the pressing question: what's at stake if he wins again? Coming May 13, 2024.

    Episode 4: Cleanup crew

    Play Episode Listen Later Apr 1, 2024 39:07


    New name, new owners, new rules. Can Pornhub rebuild its reputation and remain one of the world's biggest porn sites? Or will the company be disrupted out of business by a new crop of online porn entrepreneurs?This is episode 4 of The Pornhub Empire: Understood. Hosted by Samantha Cole.

    Episode 3: Pornhub's disgrace

    Play Episode Listen Later Mar 25, 2024 32:06


    Jane was coerced into making a pornographic film, and told it would never be shared online. Then, it was posted on Pornhub, over and over again. How did a scandal involving the hosting of sexual abuse material seriously damage the lives of many and nearly destroy the company? This is episode 3 of The Pornhub Empire: Understood. Hosted by Samantha Cole.

    Episode 2: Pornhub goes mainstream

    Play Episode Listen Later Mar 18, 2024 23:41


    Not only did Pornhub become a massive moneymaker, it also helped push porn into the spotlight by using data, clever PR, and the power of celebrity. How did Pornhub make itself a household name? This is episode 2 of The Pornhub Empire: Understood. Hosted by Samantha Cole.

    Episode 1: Free porn for everyone

    Play Episode Listen Later Mar 11, 2024 27:01


    How did a handful of competitive foosball players in Montreal create the world's largest online porn site? And what do a picturesque Dutch cabin, thousands of pornographic VHS tapes, and the subprime mortgage crisis have to do with it?This is episode 1 of The Pornhub Empire: Understood. Hosted by Samantha Cole.Full transcript here.

    Introducing: The Pornhub Empire

    Play Episode Listen Later Feb 22, 2024 2:12


    Pornhub — that site you only access on your browser's incognito mode? It gets way more views than Netflix. But because of the sheepishness and stigma around porn, it's treated as if it's fringe, instead of what it really is: one of Canada's largest cultural exports.In The Pornhub Empire: Understood, hear the story of how a Montreal-founded company came to dominate the adult industry — only to have its reputation obliterated in a massive scandal — and where it stands today.The Pornhub Empire is a new season of Understood, from the CBC. Four episodes, starting March 11.

    BONUS: Guilty: The fall of Sam Bankman-Fried

    Play Episode Listen Later Nov 6, 2023 26:44


    A jury has found FTX founder Sam Bankman-Fried guilty on seven counts, from conspiracy to fraud, following the collapse of his crypto exchange last year. Speaking with Front Burner host Daemon Fairless, Jacob Silverman walks us through Bankman-Fried's trial and explains what the verdict means for FTX customers and the cryptocurrency industry.

    BONUS: The Trial of Sam Bankman-Fried

    Play Episode Listen Later Oct 2, 2023 25:57


    Today we bring you a bonus episode of The Naked Emperor. As Sam Bankman-Fried's criminal trial kicks off in New York, host Jacob Silverman is back to bring you up to speed on the latest. What's happened at the courthouse in the lead-up to the trial? And what's expected in the weeks to come? Joining Jacob is Zeke Faux, an investigative reporter at Bloomberg, and the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.”

    BONUS: Binance and its CEO sued in major crypto case

    Play Episode Listen Later Jun 8, 2023 23:44


    Jacob Silverman sits down on CBC's Front Burner podcast to discuss how the biggest crypto exchange in the world is being sued by an American regulator accusing Binance and its billionaire founder of breaking a string of laws and misusing investor funds. Changpeng Zhao and his company say they will fight back "vigorously."

    Episode 4: It Takes a Village

    Play Episode Listen Later Apr 3, 2023 34:12


    Sam Bankman-Fried couldn't have marketed FTX to the masses on his own. He had help – from the institutional investors who brought in the big bucks, to the celebrity endorsers who told the public that FTX was “a safe and easy way to get into crypto.” One FTX brand ambassador was Kevin O'Leary, from the reality show Shark Tank. Host Jacob Silverman questions O'Leary about his due diligence before accepting the multimillion dollar endorsement deal. We also hear from everyday investors and hopeful beneficiaries of SBF's charitable largesse and learn how their hopes were dashed on the rocks of alleged fraud. Zooming out, we learn that a lot of people may be responsible for what happened to FTX and that the losses, especially in a big alleged financial fraud scheme, can reverberate widely. Fourteen years into the crypto experiment, we survey the damage and the successes, and ask what we can learn from the disaster that Sam Bankman-Fried left in his wake. For transcripts of this series, please visit: https://www.cbc.ca/radio/podcastnews/the-naked-emperor-transcripts-listen-1.6784363

    Episode 3: Busted

    Play Episode Listen Later Mar 27, 2023 32:06


    In the weeks after FTX filed for bankruptcy Sam stuck to his story: he did not commit fraud. FTX's post-collapse CEO claimed the company had been a managerial and financial disaster, writing that he had never seen “such a complete failure of corporate controls and such a complete absence of trustworthy financial information.” In response to his cratering public image, Sam Bankman-Fried talked. A lot. He exhibited an almost reckless desire to tell his side of things, insisting he could explain – and vindicate – himself. It was an exceptionally bizarre move for someone who had lost not just his personal fortune, but potentially the funds of millions of customers. Even as U.S. prosecutors filed charges, and his former friends turned on him, SBF was unwavering. With the legal odds against him, why would SBF risk so much by refusing to shut up? Update: Since this episode was published, U.S. prosecutors have added a new charge against Sam Bankman-Fried, accusing him of conspiring to bribe one or more Chinese government officials. The charge has not been proven in court. For transcripts of this series, please visit: https://www.cbc.ca/radio/podcastnews/the-naked-emperor-transcripts-listen-1.6784363

    Episode 2: The Beginning of the End

    Play Episode Listen Later Mar 20, 2023 35:16


    We return to the beginning of Sam Bankman-Fried's lucrative foray into crypto and ask: how did it all fall apart? Sam Bankman-Fried rose to the top of the crypto world with help from his friends. Gary Wang was a former fellow math-camper and brilliant programmer; Caroline Ellison was a former colleague at an elite Wall Street firm and an avid LARPer on the side. While still in their twenties, they were entrusted with billions of dollars of customer and investor funds. But in retrospect there were signs that maybe their enormous fortunes weren't created simply through their supposed technological and financial genius. For transcripts of this series, please visit: https://www.cbc.ca/radio/podcastnews/the-naked-emperor-transcripts-listen-1.6784363

    Episode 1: The Hype

    Play Episode Listen Later Mar 13, 2023 33:47


    Sam Bankman-Fried wasn't like other crypto moguls: he drove a Toyota Corolla, he was an advocate for government regulation, he said he would give billions away to charity. That is, until he lost it all in what has been called “one of history's greatest-ever destructions of wealth.” Sam Bankman-Fried, aka SBF, had an empire. His cryptocurrency exchange, FTX, and hedge fund, Alameda Research, together were worth billions. Celebrities sang his praises, and politicians took his donations. Then, it all collapsed – almost overnight. There were millions of FTX customers. Now, they don't know where their money is. Host Jacob Silverman, co-author of a forthcoming book about crypto and fraud, takes a closer look at the hype around SBF and FTX, and how it only grew, even as other crypto companies crashed around them. How powerful was Sam Bankman-Fried? And how did he initially manage to hang on, to thrive even, as other giants tumbled towards bankruptcy?

    Introducing: The Naked Emperor

    Play Episode Listen Later Feb 22, 2023 3:44


    In The Naked Emperor journalist Jacob Silverman explains how Sam Bankman-Fried built and destroyed FTX, a multi-billion dollar crypto currency empire. Who helped? Who was hurt? And will anything change following one of the most stunning financial collapses in modern history? Four episodes released weekly starting March 13. From CBC News and the team that brings you Front Burner.

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