David Dayen discusses his reporting on the Salton Sea.
Sam Bankman-Fried
Posted inMoney, Politics, and Power
The Easiest Criminal Indictment Ever
The rapid arrest of Sam Bankman-Fried offers a small bit of hope that we’ve turned the page on an era of no accountability.
Posted inPodcasts
The Crypto Shill Brigade
The hosts discuss the rapid growth and collapse of the crypto lobbying industry.
Posted inTAP
The New York Times Is in the Tank for Crypto
Today on Tap: There is far too much cheerleading and not nearly enough skeptical reporting.
Posted inMoney, Politics, and Power
Congressmembers Tried to Stop the SEC’s Inquiry Into FTX
The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.
Posted inMoney, Politics, and Power
The Contradictions of Effective Altruism
The meltdown of FTX and its fraudster boss, Sam Bankman-Fried, reveals the potential for reckless risk-taking at the heart of an influential philanthropic movement.
Posted inTAP
Bankman and the Bastardization of Bankruptcy
Today on TAP: He gets to cheat his customers, write off debts, and then keep control of his company? (Yup, that’s how bankruptcy often works for big dogs.)
Posted inTAP
Sam Bankman-Fried: A Common Crook
Today on TAP: With luck, his fall will take the whole crypto sector with him.
Posted inTAP
Why Is Congress Still Writing Crypto Regulations?
Today on TAP: The FTX debacle shows that crypto is less an industry than it is a scam.
Posted inMoney, Politics, and Power
Crypto PAC Questionnaire Claims Bitcoin Mining Is Good for the Environment
A rare glimpse at how PACs communicate with candidates reveals the types of ideas policymakers are pressured into believing.