Guest Post by Alex Berenson
Cohodes explains why the media failed to cover FTX properly – and why SBF is STILL talking
(SECOND OF TWO PARTS)
Is FTX founder Sam Bankman-Fried a sociopath?
Marc Cohodes thinks so.
FTX is the cryptocurrency exchange that collapsed last month, costing investors billions. Bankman-Fried – sometimes called SBF – is the chubby 30-year-old who briefly had a fortune estimated at $26 billion and is now holed up in the Bahamas, where FTX was based.
Cohodes is a veteran Wall Street investor who was one of the few people to predict FTX’s failure.
Cohodes and I have known each other since the 1990s, so I asked him to explain FTX to Unreported Truths. In Part 1, he explained why he was so sure FTX was a fraud. Now he talks about the media’s failure on the story – and why Bankman-Fried still won’t shut up.
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(Come for the Covid, stay for the crypto!)
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FTX’s collapse was so sudden and complete that no one knows how much the company might owe its clients, lenders, and others, much less how much money it has.
