IT'S POSSIBLE THAT you don't fully understand what Sam Bankman-Fried did or what transpired at his company FTX. This may help.
Explain it to me like I’m … 5 years old.
A silly-haired wizard sold magic beans. The villagers loved it! Until they stopped believing in magic and demanded their money back, only to find out that the wizard had already spent it.
Explain it to me like I’m … 10.
A really smart guy owned a bank. He was also a terrible poker player. He used made-up money to buy his way into a high-stakes game and then he lost, so he paid his casino tab by robbing his own bank (allegedly). When his customers heard about his gambling losses, they stormed the bank to pull their money out, but there wasn’t enough in the vault to pay them all back.
Explain it to me like I’m … a crypto newbie.
Diese Geschichte stammt aus der November 21 - December 4, 2022-Ausgabe von New York magazine.
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Diese Geschichte stammt aus der November 21 - December 4, 2022-Ausgabe von New York magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Trapped in Time
A woman relives the same day in a stunning Danish novel.
Polyphonic City
A SOFT, SHIMMERING beauty permeates the images of Mumbai that open Payal Kapadia's All We Imagine As Light. For all the nighttime bustle on display-the heave of people, the constant activity and chaos-Kapadia shoots with a flair for the illusory.
Lear at the Fountain of Youth
Kenneth Branagh's production is nipped, tucked, and facile.
A Belfast Lad Goes Home
After playing some iconic Americans, Anthony Boyle is a beloved IRA commander in a riveting new series about the Troubles.
The Pluck of the Irish
Artists from the Indiana-size island continue to dominate popular culture. Online, they've gained a rep as the \"good Europeans.\"
Houston's on Houston
The Corner Store is like an upscale chain for downtown scene-chasers.
A Brownstone That's Pink Inside
Artist Vivian Reiss's Murray Hill house of whimsy.
These Jeans Made Me Gay
The Citizens of Humanity Horseshoe pants complete my queer style.
Manic, STONED, Throttle, No Brakes
Less than six months after her Gagosian sölu show, the artist JAMIAN JULIANO-VILLAND lost her gallery and all her money and was preparing for an exhibition with two the biggest living American artists.
WHO EVER THOUGHT THAT BRIGHT PINK MEAT THAT LASTS FOR WEEKS WAS A GOOD IDEA?
Deli Meat Is Rotten
