June 26, 2023

EP. 196 — The Collapse of FTX w/ Josiah Johnson

What’s Poppin’ Con-gregation? This week, Josiah Johnson joins the show to discuss Sam Bankman-Fried, once considered the biggest wunderkind of crypto, establishing his crypto currency exchange only for it to collapse in November 2022. Plus, find out which celebrity was served with a lawsuit for promoting FTX. Stay Schemin’!

 

Research by Kaelyn Brandt.

 

Sources:

 

https://www.forbes.com/sites/sarahemerson/2022/11/22/sam-bankman-fried-ftx-bahamas/?sh=1104083853ac

https://nypost.com/2022/12/07/how-ftx-brass-racked-up-a-55k-debt-at-margaritaville-resort-in-bahamas/

https://www.investopedia.com/what-went-wrong-with-ftx-6828447#:~:text=FTX’s%20collapse%20took%20place%20over,the%20native%20token%20of%20FTX.

https://www.theverge.com/2022/11/10/23451484/ftx-customer-funds-alameda-research-sam-bankman-fried

https://www.nytimes.com/2022/11/10/technology/ftx-binance-crypto-explained.html

https://www.nytimes.com/2022/12/16/business/ftx-exchange.html

https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/?sh=6c991c921d26

https://www.forbes.com/sites/davidjeans/2022/11/18/queen-caroline-the-risk-loving-29-year-old-embroiled-in-the-ftx-collapse/?sh=24342d43791f

https://www.vox.com/the-goods/23458837/sam-bankman-fried-ftx-sbf-downfall-explained

https://www.cnbc.com/2022/11/13/sam-bankman-frieds-alameda-quietly-used-ftx-customer-funds-without-raising-alarm-bells-say-sources.html

https://www.cnbc.com/2023/03/30/sam-bankman-fried-pleads-not-guilty-to-latest-round-of-federal-fraud-charges.html

https://nymag.com/intelligencer/2022/12/sam-bankman-fried-has-been-arrested.html

https://nymag.com/intelligencer/2023/04/shaquille-oneal-just-got-served-in-an-ftx-fraud-lawsuit.html

Recent Episodes

See All

September 18, 2023

What’s Poppin’ Con-gregration? This week, Franchesca Ramsey & De’Lon Grant join the show to discuss an update on the Hollywood Con Queen, an exceptionally talented catfish who conned hundreds of people in the film industry over the phone.

September 11, 2023

What’s poppin’ Con-gregration? This week, we have comedian Adam Conover giving us an update on the WGA/SAG strike.

September 4, 2023

What’s poppin’ con-gregation? This week, actress, producer and creator Alesha Reneé joins the show to discuss Charlie Javice, a businesswoman who sold her fast-growing tech startup to JP Morgan for $175 million, only to have partners realize she made up most of her success.