A Reckoning Amidst Corporate Mismanagement

Prosecutors say the former CEO of cryptocurrency giant FTX, Sam Bankman-Fried, defrauded investors and customers for years, to the tune of billions of dollars. Bankman-Fried was arrested Monday night in the Bahamas, on an extradition request by American authorities.

NPR's David Gura unpacks the charges and the ongoing investigation into Bankman-Fried's activities at FTX.

And Wall Street Journal reporter Justin Baer discusses the role Bankman-Fried's influential parents – the legal scholars Joseph Bankman and Barbara Fried – played in the rise and fall of FTX.

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