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What happened when El Salvador made Bitcoin an official currency? Who uses cryptocurrency the most? How does the blockchain both help and hinder would-be scam artists and criminals?Zeke Faux is a reporter for Bloomberg Businessweek and Bloomberg News, a National Fellow at New America, and the author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.Zeke and Greg discuss crypto bubbles, the crypto space, and the memorable characters Zeke encountered, such as Sam Bankman Fried. Zeke explains his investigations into Tether, the mass scamming compounds in Southeast Asia, and his personal experiences within this fluctuating industry when he bought his own Mutant Ape NFT.*unSILOed Podcast is produced by University FM.*Episode Quotes:Why crypto investors overcome risks18:25: If you are making a crypto investment and your money is on some DeFi exchange or some centralized exchange, that seems pretty good. What kind of yield would you want just to let them hold your money? It'd have to be a pretty high-yield investment just to get over the risk that something unforeseen will happen, right? There's some chance that even if it seems great, that's something you didn't think is wrong with this because it keeps happening again and again in crypto. And I think what makes these people overcome is that they're not dumb. They know that these risks are there, the crypto investors. But they think, okay, maybe there's a 10% chance that something goes wrong here…[19:22] That's what makes people overcome everything: this desire to get rich quick, in this sense that it's possible because they've seen a lot of other people do it and get rich.The difference between internet and crypto bubble07:29: In crypto, the crypto guys do use crypto, but only to buy it. It's not serving any purpose other than just buying it, trading it, and doing things within this crypto world. Whereas with the internet, it was clearly a lot of fun, and it was affecting a lot of parts of real life. The internet bubble got way ahead of what could be justified by how much money these companies were making. But to me, there was never any doubt that the internet was a powerful innovation that was going to change our lives.Exploring 'Number Go Up' psychology in blockchain03:29: The key to it is psychology, and the title "Number Go Up" comes from this saying that I heard at my first crypto conference in 2021. I flew down to Miami. I thought I would hear more about technology. I thought I'd see bankers or fintech entrepreneurs who had ideas about how they're going to disrupt the financial system with this new technology, replace intermediaries, and make global transfers faster and cheaper. And instead, I heard this guy on stage saying, "Our technology is called number go up, and number go up technology means the price goes up, and that makes people excited, and they buy more, and the price goes up more, and then more people get excited, and pretty soon, Bitcoin is going to be at a million." And I just couldn't believe it. I was like, "Is that what it's really all about?"The treatment of crypto wallet transactions vs. traditional banking in stablecoins37:25: I can open a PayPal account, and I send money to PayPal. And now I have PayPal dollars that I can zap to your account. And that's not so different from a stablecoin. However, PayPal wants to know who I am. They follow all the banking rules and regulations about knowing your customer. They want to know who you are. You can't hold PayPal dollars without disclosing your identity. However, if I have a crypto wallet on my phone, like Metamask or any of the tons of other options, I can hold tethers on my phone and send them to your phone without disclosing any identifying information. And it seems like it's a very similar transaction that's treated very differently by regulators right now. And I just wonder if that will continue, especially if stablecoins keep growing.Show Links:Recommended Resources:BlockchainBitcoinDogecoinDecentralized financeSam Bankman-FriedTetherBitfinexCantor FitzgeraldGuest Profile:ZekeFaux.comProfile at NewAmerica.orgLinkedIn ProfileSocial Profile on XWikipedia ProfileHis Work:Number Go Up: Inside Crypto's Wild Rise and Staggering FallBloomberg Articles
The cryptosphere is, well, cryptic. Even the best of the best find it hard to explain the whole thing without fumbling. Zeke Faux has managed to put it all together in his fascinating book, "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall". Zeke planted himself within the crypto-mad community to learn more about the trade. He has interviewed Sam Bankman-Fried, among others, to understand what the biggies were up to. Incidentally, "Number Go Up" was referenced a few times during the former crypto king's recent trial where he was charged with multiple counts of fraud. To research the wider consequences, Zeke visited Cambodia to uncover the underbelly of the industry where people are being held captive or trafficked. We are yet to see a solid application of the technology that powers cryto. When that will be is anybody's guess. Until then, if there is one book that you should read to understand where we stand so far, read this one.
Scott Christianson is an Associate Teaching Professor at the University of Missouri whose proficiency involves technology, information systems, project management, and education, enabling him to guide students in developing critical thinking skills about upcoming technologies such as artificial intelligence and blockchain. He joined this week's episode of Grow Money Business to update us with his knowledge of generative AI, cryptocurrencies, Central Bank digital currency, and more. [07.45] AI –Scott explains how AI can be inaccurate in specifying details and how we can use it as a tool in our arsenal. [12.50] Copyright issues – Grant and Scott talk about the large-scale copyright issues artists are facing because of AI. [22.09] Impact – We dive into how generative AI impacts professions such as content creation. [31.26] Bitcoin – Grant and Scott discuss the long-term potential of cryptocurrency. [43.00] CBDC – Scott shares his thoughts on Central Bank Digital Currency and its current standing. [50.38] Usage of CBDC – Scott shares some examples of countries that are both successfully and unsuccessfully using CBDC. [56.03] Wealth inequality – Grant and Scott discuss the rising wealth inequality in the USA. Resources frtech.substack.com/ linktr.ee/profc Number Go Up: Inside Crypto's Wild Rise and Staggering Fall by Zeke Faux amazon.com/Number-Go-Up-Cryptos-Staggering/dp/0593443810
On this episode of the inSecurities Podcast, Chris sits down with investigative reporter Zeke Faux to talk about his book “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.”
Author Zeke Faux joins the podcast to discuss his findings while writing his absurdist masterpiece of a book titled "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall."
This week I'm joined by journalist Zeke Faux, author of the Washington Post and Financial Times best book of the year “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.” Zeke joins me to chat about seeing first-hand the damage done by crypto, how a Pokémon clone inadvertently led to North Korea's nuclear advancement, and how even he got fooled by Sam Bankman-Fried.The 15 Minutes In Hell Theme is written and performed by Eve6.If you've enjoyed this podcast, subscribe free to Ed's newsletter Where's Your Ed At, or join us at the Where's Your Ed At Discord. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wheresyoured.at
As Sam Bankman-Fried is found guilty on all seven counts in the biggest crypto-related trial to date, I'm joined by author Zeke Faux, whose scintillating new book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall has been the must-read book of the summer for me. Equal parts hilarious, head-scratching and powerful, Zeke does a tremendous job of taking us inside the crazy world of crypto – starting with a subject close to my own heart: Tether. Zeke follows the trail of extraordinary characters who inhabit the ecosystem of the world's biggest stablecoin on a journey that brings him into contact with all the major figures in the Cryptoverse and on a wild ride to ApeFest in Manhattan. Whether you're a crypto believer or a fellow skeptic, the book and this conversation are a rare treat. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory and Shifts Happen, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.
Zeke Faux, an investigative reporter for Bloomberg and the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall,” goes behind the scenes on Sam Bankman Fried's conviction last week, including his interviews with the former FTX leader and what it means for the industry at large.
In this special WhoWhatWhy podcast, I talk with Zeke Faux, whose book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown Currency, September 2023), unpacks the crypto phenomenon and its disintegration, culminating in Sam Bankman-Fried's (SBF) conviction for fraud and potential 110-year sentence. Faux, a Bloomberg investigative reporter who has covered SBF and the crypto craze since the beginning, spent time with SBF in the Bahamas and sat in the courtroom every day of the trial. Faux's investigation into the $3 trillion crypto delusion offers a sobering look at our financial epoch which is defined by SBF's rise and fall. My conversation with Zeke Faux:
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world's new financial machinery. Faux's investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF's penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown, 2023) is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion. Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world's new financial machinery. Faux's investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF's penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown, 2023) is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion. Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world's new financial machinery. Faux's investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF's penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown, 2023) is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion. Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/journalism
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world's new financial machinery. Faux's investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF's penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown, 2023) is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion. Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world's new financial machinery. Faux's investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles upon a Pokémon knockoff mobile game touted by boosters as a cure for poverty. And in an astonishing development, a spam text leads Faux to Cambodia, where he uncovers a crypto-powered human-trafficking ring. When the bubble suddenly bursts in 2022, Faux brings readers inside SBF's penthouse as the fallen crypto king faces his imminent arrest. Fueled by the absurd details and authoritative reporting that earned Zeke Faux the accolade “our great poet of crime” (Money Stuff columnist Matt Levine), Number Go Up: Inside Crypto's Wild Rise and Staggering Fall (Crown, 2023) is the essential chronicle, by turns harrowing and uproarious, of a $3 trillion financial delusion. Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
When Liz and Sarah sat down to discuss ideas for their next HIH retreat, they realized having one idea made it easier to have another and another. Creativity begets creativity! In Take A Hike, Sarah talks about the benefit of knowing your neighbors. She even borrowed an actual cup of sugar from someone on her cul-de-sac! Liz and Sarah answer a question about how to know if your child might be a future writer in The Mailroom. (Note: Asking for a typewriter is a definite sign.) This week's Hollywood Hack comes from HIH retreat attendee Jenn — sing bad news. Then Liz is on a Celebrity Sighting roll. She saw Maya Rudolph at a cross country meet. Finally, this week Liz recommends two books for people interested in the world of crypto — Going Infinite: The Rise and Fall of a New Tycoon by Michael Lewis and Number Go Up: Inside Crypto's Wild Rise and Staggering Fall by Zeke Faux. Get in touch on Instagram: @Sfain & @LizCraft Get in touch on Threads: @Sfain & @LizCraft Visit our website: https://happierinhollywood.com Join our Facebook group: https://www.facebook.com/HappierinHollywood/ Happier in Hollywood is part of ‘The Onward Project,' a family of podcasts brought together by Gretchen Rubin—all about how to make your life better. Check out the other Onward Project podcasts—Happier with Gretchen Rubin, Side Hustle School, and Everything Happens with Kate Bowler . If you liked this episode, please subscribe, leave a review, and tell your friends! LINKS: Maya Rudolph: Maya Rudolph - Biography - IMDbimdb.com Going Infinite by Michael Lewis: Going Infinite: The Rise and Fall of a New Tycoonamazon.com Number Go Up by Zeke Faux: Number Go Up: Inside Crypto's Wild Rise and Staggering Fallamazon.com To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Bloomberg Radio host Barry Ritholtz speaks to Zeke Faux, an investigative reporter for Bloomberg Businessweek and Bloomberg News. He has won the Gerald Loeb Award for explanatory journalism and the American Bar Association's Silver Gavel Award, and was a National Magazine Award finalist. He is the author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.See omnystudio.com/listener for privacy information.
Zeke Faux, author of the new bestseller, Number Go Up: Inside Crypto's Wild Rise and Staggering Fall is Jen's guest today. Of all the books, and scholarly articles, and news stories, and blog posts, and legal complaints and, you get the idea… on crypto, Number Go Up is truly the first one to pull everything together in one place. And that result is something immensely entertaining and informative. And to be clear, this is not a condemnation of those other works, readers can learn so much from. Instead, it's an expression of high praise for what Zeke has accomplished here. If name-dropping is helpful for you in judging the strength of a book, then let me throw out a few who have heaped praise on Number Go Up. Evan Osnos National Book Award–winning author of Age of Ambition said: “This book is ludicrously compelling. I, quite literally, couldn't put it down—and I don't even care about crypto.” Matt Levine, the Money Stuff columnist said: “This book is what happens when the funniest financial journalist in America takes on the funniest story in modern finance. The results are as darkly hilarious as you could hope for.” Bethany McLean, author of The SMartest Guys in the Room (that was made into a brilliant documentary said “Essential reading for anyone who wants to understand the mass delusion that was crypto.” Contact Booked Up: You can email Jen & the Booked Up team at: BOOKEDUP@POLITICON.COM or by writing to: BOOKED UP P.O. BOX 147 NORTHAMPTON, MA 01061 Get More from Zeke Faux Twitter| Website | Author of NUMBER GO UP Get More from Jen Taub: Twitter| Money & Gossip Substack | Author of BIG DIRTY MONEY
Remember crypto? Only a year ago, it seemed like the future of finance, but now it's a smoldering crater in the ground. Between large corporations and everyday people that got caught up in the grift, trillions of dollars vanished seemingly overnight. But what was it like in the heart of this surreal, million-dollar-monkey-jpeg storm? Zeke Faux, investigative reporter and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall, joins Adam to deliver a captivating and hilarious account of the sharp ascent and rapid collapse of the world of cryptocurrency. Find Zeke's book at factuallypod.com/booksSUPPORT THE SHOW ON PATREON: https://www.patreon.com/adamconoverSEE ADAM ON TOUR: https://www.adamconover.net/tourdates/SUBSCRIBE to and RATE Factually! on:» Apple Podcasts: https://podcasts.apple.com/us/podcast/factually-with-adam-conover/id1463460577» Spotify: https://open.spotify.com/show/0fK8WJw4ffMc2NWydBlDyJAboutHeadgum: Headgum is an LA & NY-based podcast network creating premium podcasts with the funniest, most engaging voices in comedy to achieve one goal: Making our audience and ourselves laugh. Listen to our shows at https://www.headgum.com.» SUBSCRIBE to Headgum: https://www.youtube.com/c/HeadGum?sub_confirmation=1» FOLLOW us on Twitter: http://twitter.com/headgum» FOLLOW us on Instagram: https://instagram.com/headgum/» FOLLOW us on TikTok: https://www.tiktok.com/@headgumSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today we bring you a bonus episode of The Naked Emperor, our spinoff miniseries about the rise and fall of the crypto exchange FTX. 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.”
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.”
The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
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The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
Not too long ago, crypto was being trumpeted as the next big thing. Celebrities were getting in on it, including Kim Kardashian, Matt Damon and Tom Brady.Now the former face of crypto, Sam Bankman-Fried, who ran the FTX exchange, is going on trial. He's accused of orchestrating one of the largest frauds in history. As his case gets underway it's as if the whole crypto industry is on trial.NPR's David Gura speaks with Bloomberg reporter Zeke Faux who wrote the book "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall," and Sheelah Kolhatkar, a staff writer for The New Yorker who has a new article out on Bankman-Fried and his parents.Email us at considerthis@npr.org.
The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
The trial of Sam Bankman-Fried marks the end of an era where crypto rose to dizzying, Super-Bowl-commercial heights. Where does the industry go from here? Guest: Zeke Faux, investigative reporter for Bloomberg and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you'll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices
Zeke Faux is an investigative reporter for Bloomberg. His new book is Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. “I have a rule of thumb, which is that if somebody did one scam, they probably did another scam. If they did one scam in the past and now they have a new thing, odds are good it's also a scam. That's not always true, but that was definitely borne out sometimes in crypto-world.” Show notes: @ZekeFaux zekefaux.com Faux on Longform Faux's Bloomberg archive 06:00 “Secret Network Connects Harvard Money to Payday Loans” (Bloomberg • Sept 2014) 08:00 “Anyone Seen Tether's Billions?” (Bloomberg • Oct 2021) 21:00 Matt Levine's Bloomberg archive 22:00 “‘Don't You Remember Me?' The Crypto Hell on the Other Side of a Spam Text” (Bloomberg • Aug 2023) 32:00 “The Rise of FTX, and Sam Bankman-Fried, Was a Great Story. Its Implosion Is Even Better.” (Alexandra Alter • New York Times • May 2023) 58:00 The Mastermind (Evan Ratliff • Penguin Random House • 2020) Learn more about your ad choices. Visit podcastchoices.com/adchoices
With special guest Zeke Faux, the author of "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall."
On this TCAF Tuesday, Zeke Faux joins Downtown Josh Brown to discuss his new book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Then, join Josh and Michael for an all-new episode of What Are Your Thoughts and see what they have to say about the biggest topics in investing and finance! On this episode they discuss: when the recession will arrive, earnings season takeaways, oil prices, the Schwab/TD transition, the ARM IPO, and much more! Thanks to YCharts for sponsoring this episode! Click the link below to register for YCharts' webinar with Nick Maggiulli if you want to learn more about Proposals, and get 20% off your initial subscription when you start your free YCharts trial: https://ycharts.zoom.us/webinar/register/7416928946879/WN_OD3x5xyzQ7qWTrtGDChLFA#/registration Watch this episode on YouTube: https://youtube.com/live/14rodMs08YA Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Investigative reporter Zeke Faux, author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall,” discusses his adventures covering the cryptocurrency market, from connecting with Sam Bankman-Fried before the collapse of FTX to attending "ApeFest," convincing his wife to let him spend $20,000 on an NFT as part of his book research and more. He also notes that despite its trading popularity, having crypto used as currency remains a struggle, even in the countries that have tried to adopt its usage. Forensic accountant Tracy Coenen talks about digging into the more obscure and esoteric documents -- insurance policies, car titles, estate-planning paperwork and more -- and making a timeline to help uncover forgotten or missing accounts (something Chuck experienced personally in his own case) in the latest installment of "Find Me The Money," and Mike Venuto, chief investment officer at Tidal Financial Group talks ETFs in the Markt Call.
Crypto has become inescapable. Seemingly overnight, everyone from Wall Street to Main Street started talking about Bitcoin, NFTs, the blockchain, De-Fi and the metaverse. Promoters hailed crypto as the dawn of the future of money, art, commerce, and the internet. No one knew what it all meant, but everyone knew someone who bought some cryptocurrency with a bizarre name and hit it big. Newt's guest is Zeke Faux. His new book, “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall” chronicles a two-year, globe-spanning quest to uncover the secrets at the heart of the greatest financial mania the world has ever seen.See omnystudio.com/listener for privacy information.
“I'd pull back the curtain and there was nothing there.” The hype of crypto was real. Many of the use cases are still to be determined. Deidre Woollard caught up with Zeke Faux, an investigative reporter for Bloomberg and the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.” They discuss: - Why investors are quick to throw belief out the window - What really happens at an NFT party with Snoop Dogg, Eminem, and Jimmy Fallon - Questions around stablecoins, and one company “quilted out of red flags” - What happens when you spend a book advance on a JPEG image Tickers discussed: USDT Host: Deidre Woollard Guest: Zeke Faux Producers: Ricky Mulvey, Mary Long Engineers: Dan Boyd, Annie Pope
Subscribe to The Realignment to access our exclusive Q&A episodes and support the show: https://realignment.supercast.com/REALIGNMENT NEWSLETTER: https://therealignment.substack.com/PURCHASE BOOKS AT OUR BOOKSHOP: https://bookshop.org/shop/therealignmentEmail Us: realignmentpod@gmail.comFoundation for American Innovation: https://www.thefai.org/posts/lincoln-becomes-faiZeke Faux, investigative reporter for Bloomberg Businessweek, New America National Fellow, and author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall, joins The Realignment. Zeke and Marshall discuss how Sam Bankman-Fried (SBF) conned his way into the halls of power in Washington, DC, why crypto failed to develop a clear use case for consumers during the bull run, the quest for community, the perils of financialization, and his time with everything from the Bored Ape Yacht Club to Bitcoin Beach in El Salvador.
A few years ago, an editor asked Bloomberg investigative reporter Zeke Faux to take a look at the cryptocurrency Tether, a so-called stablecoin meant to precisely track the US dollar by backing it with real-world reserves. What followed was a tour through some of the most-colorful corners of the crypto world, from Mighty Ducks actor Brock Pierce's yacht to FTX founder Sam Bankman-Fried's digs in the Bahamas and, finally, a hotbed for human trafficking in Cambodia.Faux joined the What Goes Up podcast to discuss his reporting, which is laid out in his new book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. “There's actually these whole office towers, floor after floor of people who've been lured from, say, like Vietnam, with the offer of a good job,” Faux says. “Then when they get there, they're trapped. They're told they can't leave. They're beaten. They get electric shocks, other forms of torture, and they're just given like 10 phones each and made to try to lure people into scams from around the world.”See omnystudio.com/listener for privacy information.
Bloomberg News Financial Investigations Reporter Zeke Faux discusses his book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Hosts: Tim Stenovec and Jess Menton. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.
Bloomberg News Financial Investigations Reporter Zeke Faux discusses his book Number Go Up: Inside Crypto's Wild Rise and Staggering Fall. Hosts: Tim Stenovec and Jess Menton. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.
Today's guests: Zeke Faux, investigative reporter for Bloomberg / author - "Number Go Up: Inside Crypto's Wild Rise and Staggering Fall" Matt Gurney, columnist & co-founder - The Line Rebecca Haw Allensworth, law professor at Vanderbilt Law School (focusing on antitrust law) Philip Cross, Munk Senior Fellow at the Macdonald-Laurier Institute Learn more about your ad choices. Visit megaphone.fm/adchoices
This Week in Startups is brought to you by… Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at https://vanta.com/twist Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at htttps://CLAconnect.com/tech * Today's show: Zeke Faux, the author of “Number Go Up: Inside Crypto's Wild Rise and Staggering Fall,” joins Jason to discuss crypto's crazy rise and fall (3:58), how SBF learned to play the game (16:22), red flags at Tether (26:13), and so much more! * Time stamps: (00:00) Zeke Faux, the author of “Number Go Up” joins Jason (3:58) Meeting Sam Bankman-Fried in the Bahamas and first impressions (10:23) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (11:30) SBF, his colleagues, and a hint of substance abuse (16:22) The group psychosis and how they learned to play the game (24:51) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (26:13) Operations and red flags at Tether (35:44) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech (37:15) Revisiting Zeke's investigative journalism in Cambodia (44:16) From organized crime to legitimate business (46:59) Terra Luna (49:05) The VC perspective and regulations in place * Buy Number Go Up: https://www.amazon.com/Number-Go-Up-Cryptos-Staggering/dp/0593443810 FOLLOW Zeke: https://twitter.com/ZekeFaux * Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four Apply for Funding: https://www.launch.co/apply Buy ANGEL: https://www.angelthebook.com Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt Check out Jason's suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
This episode of Hub Dialogues features Zeke Faux, an award-winning, investigative reporter for Bloomberg, about his new, must-read book, Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.The Hub Dialogues feature The Hub's editor-at-large, Sean Speer, in conversation with leading entrepreneurs, policymakers, scholars, and thinkers on the issues and challenges that will shape Canada's future at home and abroad. The episodes are generously supported by The Ira Gluskin And Maxine Granovsky Gluskin Charitable Foundation and the Linda Frum and Howard Sokolowski Charitable Foundation.If you like what you are hearing on Hub Dialogues consider subscribing to The Hub's free weekly email newsletter featuring our insights and analysis on key public policy issues. Sign up here: https://thehub.ca/free-member-sign-up/. Hosted on Acast. See acast.com/privacy for more information.