Number Go Up book cover

Number Go Up by Zeke Faux Summary

Number Go Up
Zeke Faux
4.24 (8385 Reviews)
Finance
Business
Economics
Обзор
Ключевые Выводы
Автор
Часто Задаваемые Вопросы

Overview of Number Go Up

"Number Go Up" exposes crypto's wild rise and spectacular collapse through Zeke Faux's globe-trotting investigation into digital gold rushes, Ponzi schemes, and human trafficking rings. Praised by The Economist as "rollicking," this eye-opening journey reveals why Matt Levine calls Faux "our great poet of crime."

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Ключевые выводы

1

When a Twenty-Something in Flip-Flops Controls Billions

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A disheveled figure sits barefoot in a Bahamian penthouse, worth $20 billion on paper, casually discussing how he plans to give it all away. This wasn't some eccentric hermit-this was Sam Bankman-Fried in February 2022, when cryptocurrencies commanded a $2 trillion market. The irony? While being interviewed as crypto's boy genius, he was secretly orchestrating one of history's most audacious frauds. When confronted about suspicions that crypto might be largely fraudulent, his response now reads like a confession hidden in plain sight: "It's like the narrative would be way sexier if it was like, 'Holy shit, this is the world's biggest Ponzi scheme,' right?" Within months, that sexy narrative became reality. The bubble burst, $2 trillion evaporated, and millions discovered their savings had vanished into digital smoke.

2

The Stablecoin That Couldn't Stay Stable

3

From Hollywood to Digital Gold Farms

4

The Man Who Hated Banks Builds One

5

The Utilitarian Who Calculated His Way to Fraud

6

When Celebrities Sell Digital Snake Oil

7

The Unraveling

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108

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@Erin, Investment Banking Associate , NYC
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254
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17

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@djmikemoore
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star
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@Pitiful
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