{"product_id":"cryptomania-hype-hope-and-the-fall-of-ftxs-billion-dollar-fintech-empire-paperback","title":"Cryptomania: Hype, Hope, and the Fall of Ftx's Billion-Dollar Fintech Empire - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eAndrew R. Chow\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003cb\u003eFor fans of \u003ci\u003eBad Blood\u003c\/i\u003e and \u003ci\u003eToo Big to Fail\u003c\/i\u003e, an explosive, page-turning account of one of the largest financial frauds in US history, chronicling the utopian promises, human collateral, and incineration of billions of dollars in the 2022 crypto crash, by \u003ci\u003eTime\u003c\/i\u003e magazine's technology correspondent.\u003c\/b\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eAs cryptocurrency rose in popularity during the pandemic, new converts bought into the idea that crypto would not only make them rich, but would usher in imminent revolutions across art, finance, politics, and gaming. Cryptocurrency caught the zeitgeist through figures like FTX CEO Sam Bankman-Fried, who only two years later would be convicted of one of the most calamitous acts of financial fraud in US history. \u003cp\u003e\u003c\/p\u003eDuring his meteoric rise, Sam Bankman-Fried outflanked idealists in the movement like Vitalik Buterin, who sought to build fairer, more democratic systems through Ethereum. Bankman-Fried pursued a growth-obsessed, by-any-means approach to crypto, which proved seductive to those who just wanted to get rich. But this Silicon Valley-like approach also drove the creation of a spate of high-risk financial instruments that mirrored those of the 2008 financial crisis. Accused of misleading investors and mishandling funds, Bankman-Fried became a target of prosecutors. \u003cp\u003e\u003c\/p\u003eNow, \u003ci\u003eCryptomania\u003c\/i\u003e unfolds the tumultuous twenty months inside this male-dominated, overhyped industry that led to its downfall. Drawing on exclusive reporting and an extensive network in the global NFT community, Andrew Chow chronicles the battle for crypto's soul, and the human toll of its economic meltdown--from the conmen and eccentrics driving the bubble to the victims caught in its burst.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eAndrew R. Chow is a correspondent for \u003ci\u003eTime\u003c\/i\u003e who covers technology, culture, and business. He has written four \u003ci\u003eTime\u003c\/i\u003e cover stories, including about the impacts of the AI corporate arms race and a prescient profile of Vitalik Buterin months before the 2022 crypto crash. He has previously written for \u003ci\u003eThe New York Times\u003c\/i\u003e, \u003ci\u003ePitchfork\u003c\/i\u003e, and NBC News. \u003ci\u003eCryptomania\u003c\/i\u003e is his first book.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 432\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.04 x 8.38 x 5.5 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 01, 2025\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45522913001574,"sku":"9781668038178","price":28.83,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0599\/7255\/0758\/files\/PvuGxlrpQt9781668038178.webp?v=1776523845","url":"https:\/\/infinitylightwa.com\/products\/cryptomania-hype-hope-and-the-fall-of-ftxs-billion-dollar-fintech-empire-paperback","provider":"Infinity Light","version":"1.0","type":"link"}