Is Sam Bankman-Fried’s Rise and Fall, Symptomatic of Everything Wrong With Global Finance and Capitalism?

Adebayo Adeniran
4 min readMay 18, 2024

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Michael Lewis is one of the extraordinary figures of our time.

No other individual has written on the subject of global finance as extensively as he has with Liar’s Poker, Flashboys, The Big Short, being very good examples

And when you put the other books which he has written on some of the great thinkers of our time — Daniel Kahneman and Amos Tversky — into context, do you start to appreciate the degree to which our man has channeled his creative energies to educating millions of people.

Given his pedigree, it came as no surprise that he was introduced to a young founder of the cryptocurrency exchange —FTX.

Unlike previous subjects which were examined retrospectively, everything about Sam Bankman-Fried was unfolding right before the eyes of the highly observant Michael Lewis and by extension, the entire world.

Sam Bankman-Fried?

Even though his mother had detected very early on that her first child was somewhat precocious, not even she could have predicted the course of events in the following decades.

Whether SBF’s precociousness was directly responsible for his recklessness and…

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Adebayo Adeniran

A lifelong bibliophile, who seeks to unleash his energy on as many subjects as possible