This is a massive, fascinating story. FTX , the crypto company run by the the second biggest Democrat donor, Sam Bankman-Fried has collapsed.
The Miami Heat have already removed the FTX name from its arena.
FTX used celebrities like Tom Brady and his then wife, Gisele, to push the company.
FTX was the darling of the left for their “effective altruism.”
But it appears that it’s all been a web of lies.
Ponzi scheme anyone? Funny how it blows up just days after the election. Just like Biden’s student loan scheme.
If you want to read more about similar situations, Clay and Buck recommend two books: Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou and Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright and Bradley Hope.
For more C&B book, movie and TV show recommendations, check out our new Recs page.
The former NFL player and Trump cabinet member talks with Clay.
The esteemed economist talks Spirit Airlines, war in Iran and much more.
Some of our C&B Podcast Network stars turned out to celebrate Buck's bestseller.
You know what stops crime? Locking up criminals.
Guess who might have to bail them out? That's right, us.
What do C&B think will happen when it gets to a higher court?