Inside crypto’s wild rise and fall with “Number Go Up” author Zeke Faux | E1807

Episode • Sep 12, 2023 • 55m

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:

(0:00) 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) Terraform Labs and the collapse of Luna