How FTX used billions to influence The Swamp --- and then collapsed

from The Drill Down with Peter Schweizer · host Government Accountability Institute

“A massive crash and burn.” That is how Peter Schweizer describes the collapse of crypto-currency billionaire Sam Bankman-Fried and his ill-fated company, FTX. The company has filed for bankruptcy, and reports indicate it owes its fifty largest creditors $3.1 billion dollars. Quite a cautionary business story. But here on The Drill Down, we explore the political side of this story – the corruption and “regulatory capture” that allowed Sam Bankman-Fried to create such a house of cards. In the latest episode of the podcast, Peter and co-host Eric Eggers dig in on the Washington side of this.

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This episode is 26 minutes long.

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This episode was published on November 22, 2022.

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