Marc Cohodes graduated from Babson College in 1982 and went to work for the Northern Trust from 1982-1985, when he joined Rocker Partners, later to be called Copper River. His work has been highlighted in Two Harvard Business School Cases and has lectured at Harvard, Stanford, Columbia and Yale. Upon retiring in 2009, he has spoken at 2 Grants Conferences in New York and continues to Invest for himself. He has been on numerous Podcast and featured in many articles since then. You can follow him on Twitter @alderlaneeggs
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Episode 282
Marc Cohodes
Who is Sam Bankman-Fried and What Really Happened at FTX? | Marc Cohodes
Marc Cohodes graduated from Babson College in 1982 and went to work for the Northern Trust from 1982-1985, when he joined Rocker Partners, later to be called Copper River. His work has been highlighted in Two Harvard Business School Cases and has lectured at Harvard, Stanford, Columbia and Yale. Upon retiring in 2009, he has spoken at 2 Grants Conferences in New York and continues to Invest for himself. He has been on numerous Podcast and featured in many articles since then. You can follow him on Twitter @alderlaneeggs
In Episode 282 of Hidden Forces, Demetri Kofinas speaks with famed short seller Marc Cohodes about Sam Bankman-Fried, the recent bankruptcy of FTX, and the bigger story behind the alleged fraud that he and his network of enablers have perpetrated.
Marc Cohodes has famously exposing numerous corporate frauds at great personal expense and risk to himself and his family. So, when Cohodes began raising the alarm earlier this year by publicly calling FTX a scam, while describing Sam Bankman-Fried as a fraudster, many of us took notice. During this time, Sam Bankman-Fried was largely seen as the new golden child of crypto. He spent the last several years cultivating a cultish following and rubbing shoulders with some of the most powerful people in the world. He was the second largest donor to Joe Biden’s 2020 presidential campaign behind only George Soros and worked hand-in-glove with politicians and policymakers to regulate the crypto industry in a manner that would favor him, his companies, and his network of financial enablers.
On its surface, this looks like your typical financial fraud case. And in some sense, it is. But there are elements to this story that are uniquely suspicious, like Sam’s own origins and how he developed his wealth to begin with. The origins of his co-founder Gary Wang—who no one talks about—and the backgrounds of other members of his organization including chief compliance officer Dan Friedberg and chief operating officer Constance Wang also raise concerns.
How this otherwise disheveled multi-billionaire who reportedly sleeps on a futon in the Bahamas came to exercise so much political influence and hold so many ownership stakes in companies and venture funds in and outside of crypto remains a mystery. But it’s a story that Marc Cohodes has been working on for almost a year and it is the focus of today’s explosive conversation.
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Marc Cohodes graduated from Babson College in 1982 and went to work for the Northern Trust from 1982-1985, when he joined Rocker Partners, later to be called Copper River. His work has been highlighted in Two Harvard Business School Cases and has lectured at Harvard, Stanford, Columbia and Yale. Upon retiring in 2009, he has spoken at 2 Grants Conferences in New York and continues to Invest for himself. He has been on numerous Podcast and featured in many articles since then. You can follow him on Twitter @alderlaneeggs
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
