- Former FTX executive Zane Tackett shares insights from his work with Sam Bankman-Fried at FTX, highlighting how the exchange’s terms of service could potentially undermine SBF’s legal defense.
Episode 87 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro and FTX’s former head of institutional sales, Zane Tackett.
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Zane Tackett is the former head of institutional sales at FTX.
In this episode, Tackett recounts his experience working with Sam Bankman-Fried at FTX and explains how the exchange’s terms of service blow a hole in SBF’s criminal defense.
Although SBF claims he is not guilty of fraud, Tackett says “it’s obvious that he knew what he was doing.” OUTLINE: 00:00 Introduction 03:32 FTX’s Business Model 06:56 FTX’s Balance Sheet 10:06 Michael Lewis: Going Infinite 11:14 The Real SBF 16:02 FTX 2.0 17:14 FTX Estate Asset Recovery 17:50 FTX Hacked Funds 19:06 Crypto’s Capital Markets 20:54 CeFi vs. DeFI 23:07 Effective Altruism 26:04 SBF Trial 32:57 Closing Thoughts