Full Transcript for Introducing - Spellcaster: The Fall of Sam Bankman-Fried

00:00:01 Speaker 1: Wondering. 00:00:07 Speaker 2: Meet Sam. Sam is thirty years old. 00:00:10 Speaker 3: He typically wore T shirts and shorts and samples. 00:00:15 Speaker 2: He likes to play computer games. 00:00:17 Speaker 4: He is commanding this army of fairies and elves in this online game. 00:00:24 Speaker 2: He talks a lot about doing good and helping people. 00:00:28 Speaker 5: There really was this idea that he was going to change the world. 00:00:31 Speaker 2: Sam may not act the part, but he's a billionaire. 00:00:35 Speaker 3: Say for Mark Zuckerberg. 00:00:36 Speaker 2: No one in history has ever gotten so rich so young. But on December twelfth, twenty twenty two, everything changes for Sam and what he calls a screw up. 00:00:47 Speaker 3: The US government calls one of the largest frauds in history. 00:00:52 Speaker 2: They had lost a very significant amount of money. Lots of people were hurt badly, which left everyone wondering who is Sam Bankman freed from Bloomberg and wondering the makers of the shrank next Door comes a new series, Spellcaster, The Fall of Sam Bankman Freed a story of incredible wealth. There was a sense of awe when he walked in. It was like a celebrity betrayal. 00:01:20 Speaker 1: He would flip a switch with regards to a given person, he would delete them from his reality. 00:01:26 Speaker 2: And what happens when that talk of doing good goes really really bad. 00:01:33 Speaker 5: It was basically just everyone racing out the door of the burning building for the same exit. Right, you realize that it was just a big smoking crater. 00:01:43 Speaker 2: Of a company. So that's when I started saying, don't trust Sam Bankman Freed. 00:01:47 Speaker 3: I'm Hannah Miller, a reporter for Bloomberg. Follow Spellcaster The Fall of Sam Bankman Freed on Amazon Music or wherever you get your podcasts. You can start listening to Spellcaster early and add free by subscribing to Wondery Plus an Apple Podcasts or the Wondery App. I asked him what I should ask Sam, and he was just like us, where my money is