Who is this book for?
- Readers who enjoy Michael Lewis's storytelling style and are interested in a character-driven narrative about the crypto world would likely enjoy this book.
- It would appeal to those fascinated by the rise and fall of tech entrepreneurs, particularly in the cryptocurrency space.
- People curious about the inner workings of crypto exchanges and trading firms would find value in the behind-the-scenes details.
- Additionally, readers interested in unconventional personalities and the psychology behind high-stakes financial decisions might appreciate the portrayal of Sam Bankman-Fried.
- Those who prefer a more sympathetic or nuanced view of controversial figures may also find this account compelling.
Who is unlikely to appreciate this book?
- Readers seeking a critical examination of the FTX collapse or a thorough investigation into potential fraud would likely be disappointed by this book.
- Those who have closely followed the FTX story through news reports may find little new information.
- Individuals looking for a balanced, objective account of the events surrounding FTX's downfall might be frustrated by the perceived bias towards SBF.
- Critics of cryptocurrency or those skeptical of tech entrepreneurs may find the portrayal too lenient.
- Additionally, readers expecting a comprehensive analysis of the legal and ethical implications of FTX's actions, or those seeking closure on the story, may find the book unsatisfying due to its publication before the conclusion of SBF's trial.
Things online reviewers enjoyed about this book
- Fascinating and riveting information about the rise and fall of FTX and Sam Bankman-Fried
- Provides insight into the world of cryptocurrency trading and exchanges
- Engaging and entertaining writing style that makes complex financial topics accessible
- Offers a unique behind-the-scenes look at SBF and the inner workings of FTX
- Fills in missing pieces about SBF's background and the founding of Alameda Research and FTX
- Provides an interesting character study of SBF and his unusual personality
- Explains concepts like high-frequency trading in an understandable way
- Page-turning narrative that reads like an adventure story
- Sheds light on the Effective Altruism movement and its influence on SBF
- Gives context to the spectacular rise and fall of a major crypto company
Things people didn't like as much about this book
- Perceived as too lenient or sympathetic towards SBF by many readers
- Lacks critical analysis of SBF's actions and potential fraud
- Does not fully address the harm done to FTX customers who lost money
- Published before the conclusion of SBF's trial, so feels incomplete
- Portrays some figures like John Ray III in an overly negative light
- Glosses over red flags and warning signs about FTX's operations
- Does not thoroughly explain where the missing customer funds went
- Fails to critically examine SBF's claims and rationalizations
- Character development feels flat and one-dimensional to some readers
- Lacks a clear "so what" or key takeaway message
