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The News Agents · Dec 2, 2022 · 29 min

The cryptocurrency con

You're 30 years old, worth billions as a result of a crypto exchange you've set up - and in the space of one Sunday afternoon it all turns to dust. What must that feel like? On this episode of The News Agents we speak to someone who's been there, done that and has got the badge (the prison sentence). Nick Leeson single-handedly brought down one of Britain's most famous financial institutions in 1995 - Barings Bank - and spent four years in a Singapore jail as a result. He speaks to us about the tight spot Sam Bankman Fried now finds himself in, and how similar it was to his own. Planning: Melissa Tutesigensi Social Media: Georgia Foxwell Video: Will Gibson-Smith Production: Gabriel Radus Deputy Editor: Tom Hughes Executive Producer: Dino Sofos For exclusive daily videos from The News Agents visit Global Player: https://www.globalplayer.com/videos/brands/news-agents/the-news-agents/ The News Agents is a Global Player Original and a Persephonica Production.

0:00-29:51

transcript

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show notes

You're 30 years old, worth billions as a result of a crypto exchange you've set up - and in the space of one Sunday afternoon it all turns to dust. What must that feel like?

On this episode of The News Agents we speak to someone who's been there, done that and has got the badge (the prison sentence). Nick Leeson single-handedly brought down one of Britain's most famous financial institutions in 1995 - Barings Bank - and spent four years in a Singapore jail as a result. He speaks to us about the tight spot Sam Bankman Fried now finds himself in, and how similar it was to his own.

Planning: Melissa Tutesigensi


Social Media: Georgia Foxwell


Video: Will Gibson-Smith


Production: Gabriel Radus


Deputy Editor: Tom Hughes


Executive Producer: Dino Sofos


For exclusive daily videos from The News Agents visit Global Player: https://www.globalplayer.com/videos/brands/news-agents/the-news-agents/


The News Agents is a Global Player Original and a Persephonica Production.