EPISODE · May 26, 2026 · 31 MIN
SOS Deep Dive: Ep 4 - The Rise and Crash of FTX
from Stripped out News's Daily Brief · host Stripped out News
In this week's deep dive, we strip out the spin and follow one story all the way through: the meteoric rise and catastrophic collapse of FTX, the cryptocurrency exchange that went from a Berkeley group-house idea to a $32 billion empire—only to implode in 72 hours. We trace Sam Bankman-Fried’s journey from effective altruism evangelist to disgraced CEO, uncovering how his inner circle built a financial house of cards with an $8 billion hole. This is a story about ambition, deception, and the human cost of unchecked power. The FTX saga isn’t just a crypto failure—it’s a cautionary tale for the entire financial world. No spin. No sides. Just the full picture. Dive deeper into today's news and explore 200+ unbiased sources at: https://strippedoutnews.comKeep up with breaking coverage on X: @StrippedOutNews
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In this week's deep dive, we strip out the spin and follow one story all the way through: the meteoric rise and catastrophic collapse of FTX, the cryptocurrency exchange that went from a Berkeley group-house idea to a $32 billion empire—only to implode in 72 hours. We trace Sam Bankman-Fried’s journey from effective altruism evangelist to disgraced CEO, uncovering how his inner circle built a financial house of cards with an $8 billion hole. This is a story about ambition, deception, and the ...
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SOS Deep Dive: Ep 4 - The Rise and Crash of FTX
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