{"product_id":"catching-up-to-ftx-isbn-9781394210329","title":"Catching Up to FTX","description":"\u003cp\u003e\u003cb\u003eDiscover the secret history of Alameda Research, FTX, and Sam Bankman-Fried\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eCatching Up To FTX: Lessons Learned In My Crusade Against Corruption, Fraud, and Bad Hair,\u003c\/i\u003e celebrated YouTuber and podcaster Ben Armstrong delivers the extraordinary and compelling story of the rise and fall of FTX and its well-known founder Sam Bankman-Fried. Tracking the history of crypto exchanges from the original Mt. Gox to FTX and Binance, the author describes the history of fraud that has characterized much of the industry. \u003c\/p\u003e\u003cp\u003eArmstrong outlines the history of Alameda Research, FTX, and Sam Bankman-Fried, including a first-hand account of what he saw in the Bahamas when the indicted crypto titan was extradited from his home to face dozens of criminal and regulatory charges in the United States. He also discusses: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe weird and contradictory motives that drove Sam Bankman-Fried's brazen actions\u003c\/li\u003e \u003cli\u003eA blow-by-blow account of the downfall of Alameda Research, FTX, and Sam Bankman-Fried\u003c\/li\u003e \u003cli\u003eThe red flags that many ignored — and a few didn't — that preceded the collapse of FTX\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe perfect book for anyone interested in crypto, finance, and corporate scandal, \u003ci\u003eCatching Up To FTX\u003c\/i\u003e will earn a spot on the bookshelves of everyone looking for an intense rollercoaster of a true story. \u003c\/p\u003e\u003cp\u003eAcknowledgments ix\u003c\/p\u003e \u003cp\u003eAbout the Author xi\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e1 “Unhinged”: October 20, 2022 5\u003c\/p\u003e \u003cp\u003e2 What’s Beef? 13\u003c\/p\u003e \u003cp\u003e3 House of Cards 19\u003c\/p\u003e \u003cp\u003e4 Finance Needs an Upgrade 27\u003c\/p\u003e \u003cp\u003e5 What’s at Stake? 35\u003c\/p\u003e \u003cp\u003e6 Rugs and Revolutions: A History of Crypto Exchanges 43\u003c\/p\u003e \u003cp\u003e7 SBF: The Man behind the Myth 53\u003c\/p\u003e \u003cp\u003e8 FTX: A Myth Born in a Bull Market 61\u003c\/p\u003e \u003cp\u003e9 Bear Market 2022 69\u003c\/p\u003e \u003cp\u003e10 Contagion 75\u003c\/p\u003e \u003cp\u003e11 Scam Bankman Fried 83\u003c\/p\u003e \u003cp\u003e12 Whistleblowers 89\u003c\/p\u003e \u003cp\u003e13 The Bankless Debates 97\u003c\/p\u003e \u003cp\u003e14 A Rival Goes in for the Kill 103\u003c\/p\u003e \u003cp\u003e15 “1) What”: The Fall of FTX 109\u003c\/p\u003e \u003cp\u003e16 Hip-Hop Politics 115\u003c\/p\u003e \u003cp\u003e17 My Trip to the Bahamas 121\u003c\/p\u003e \u003cp\u003e18 Side Quests 133\u003c\/p\u003e \u003cp\u003e19 High Stakes 141\u003c\/p\u003e \u003cp\u003e20 Justice? 151\u003c\/p\u003e \u003cp\u003e21 The Final Showdown 159\u003c\/p\u003e \u003cp\u003e22 Regulators, Mount Up! 169\u003c\/p\u003e \u003cp\u003eEpilogue: Catching Up with the Bitsquad 179\u003c\/p\u003e \u003cp\u003eAppendix: Timeline of Events 181\u003c\/p\u003e \u003cp\u003eGlossary of Terms 183\u003c\/p\u003e \u003cp\u003eNotes 187\u003c\/p\u003e \u003cp\u003eIndex 195\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eBEN ARMSTRONG\u003c\/b\u003e is a YouTuber, podcaster, and crypto enthusiast. He’s been immersed in the world of Bitcoin and cryptocurrency assets since 2012 when he first invested in Bitcoin.   \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eCatching Up To FTX: Lessons Learned In My Crusade Against Corruption, Fraud, and Bad Hair\u003c\/i\u003e, cryptocurrency veteran and industry insider Ben Armstrong delivers the compelling and fascinating story of the collapse of FTX and its founder, Sam Bankman-Fried—better known by his initials, SBF. In this book, you’ll discover that the signs of fraud were readily available to many of the firm’s evangelists, as well as a blow-by-blow analysis of FTX’s collapse over a 10-day period in November of 2022. From the author’s firsthand account of what he saw in the Bahamas when SBF was extradited to the United States to face a variety of criminal and regulatory charges to the latest developments in the case, you’ll get an insider’s look at the Shakespearean tragedy behind the fall of one of the crypto industry’s largest exchanges. \u003c\/p\u003e\u003cp\u003eArmstrong dives deep into the history of cryptocurrency and crypto exchanges, describing the tendency of many of the industry’s large, initial exchanges to go down in flames amidst allegations of widespread fraud and graft. He goes on to explain how the same fate befell FTX and Alameda Research and the impact those implosions had on investors, ordinary people, and financial industry titans. \u003c\/p\u003e\u003cp\u003eThe author also discusses the importance of decentralization to the ethos of the Bitcoin community, and how Sam Bankman-Fried defied that belief, advocating (at least in public) for greater centralization and regulation of crypto technologies and currencies. He explains why this made many suspect the motives animating SBF’s actions, and why—for many—FTX’s fate was not terribly surprising. \u003c\/p\u003e\u003cp\u003eAn extraordinary and engrossing tale of greed, hubris, and corruption, \u003ci\u003eCatching Up To FTX\u003c\/i\u003e is a must-read recounting of one of modern history’s largest and most flagrant frauds. It will earn a place in the libraries of finance professionals, crypto enthusiasts and investors, and anyone else with an interest in larger-than-life personalities and stories with high stakes and even higher drama.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eUncover the Shakespearean tragedy of Alameda Research, FTX, and Sam Bankman-Fried\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eCatching Up To FTX: Lessons Learned In My Crusade Against Corruption, Fraud, and Bad Hair\u003c\/i\u003e is an expert insider’s account of one of the largest and most blatant frauds perpetrated on crypto investors since the fall of the original cryptocurrency exchange, Mt. Gox. In the book, author, podcaster, and celebrated YouTuber Ben Armstrong tracks the rise and fall of Sam Bankman-Fried as he oversaw the creation and collapse of Alameda Research and FTX, one of the world’s largest cryptocurrency exchanges. \u003c\/p\u003e\u003cp\u003eTracking the history of other famous crypto exchange and cryptocurrency frauds from recent history, the author walks you through major developments in the FTX saga, up to and including his firsthand observations of Bankman-Fried’s extradition from his home in the Bahamas to the United States to face dozens of criminal and regulatory charges. \u003c\/p\u003e\u003cp\u003eA fascinating and compelling tale of greed, corruption, and hubris, \u003ci\u003eCatching Up To FTX\u003c\/i\u003e is the perfect book for finance professionals, cryptocurrency investors and enthusiasts, and anyone else with an interest in epic stories of fraud and graft that deliver Shakespearean levels of intrigue.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988893090021,"sku":"NP9781394210329","price":27.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394210329.jpg?v=1761781948","url":"https:\/\/k12savings.com\/es\/products\/catching-up-to-ftx-isbn-9781394210329","provider":"K12savings","version":"1.0","type":"link"}