'The first great crypto book' (Oliver Bullough): this is the shocking, laugh-out-loud inside story of how FTX founder Sam Bankman-Fried and a cast of fellow nerds and hustlers created the world's biggest ever bubble, then burst it
BOOK OF THE YEAR FOR WIRED | LA TIMES | FINANCIAL TIMES | WASHINGTON POST | GLOBE AND MAIL
USED IN EVIDENCE IN THE TRIAL OF SAM BANKMAN-FRIED
In 2021, cryptocurrency goes mainstream. Giant investment funds are buying it. Politicians endorse it. TV ads hail it as the future of money. Hardly anyone knows how it works - who cares when everyone is getting rich? But financial crime reporter Zeke Faux cares: even in fraud, there are standards.
In the Bahamas, schlubby billionaire wunderkind Sam Bankman-Fried tells him how he will use his fortune to save the world. In Cambodia, a spam text unearths a horrifying slavery ring fuelled by crypto. Faux buys a $20,000 cartoon of a mutant ape to gain access to a festival headlined by Snoop Dogg, and talks his way onto the yacht of a riddling crypto founder/former child actor (The Mighty Ducks, 1992) who was among the first to see the power of imaginary treasure. In search of an elusive cash reserve at the foundation of the whole system, the incredulous Faux finds himself crossing three continents, as well as the boundaries of law, taste and economic rationality. Shocking and uproarious, Number Go Up is the essential chronicle of a $3 trillion delusion, the greatest bubble in history.
I just couldn't put it down . . . The real beauty of this book is in the little details. It's what makes it read like fiction, even though it's all unfortunately horrifyingly real - Blockworks
We were waiting for the first great crypto book and Zeke Faux has written it - Butler to the World
Not only a breath of fresh air but quite possibly the best book ever written about the cryptocurrency industry - Protos
A dizzying safari of the surreal - The Devil s Bargain
Combines meticulous reporting with irresistible storytelling . . . It is the definitive book about crypto and the only one you'll want to read - The Contrarian
The funniest financial journalist in America takes on the funniest story in modern finance
Essential reading for anyone who wants to understand the mass delusion that was crypto - The Smartest Guys in the Room
Boisterous [and] masterfully written . . . never fails to entertain - Washington Post
Offers a shrewdly sceptical view of crypto where [Michael Lewis's] Going Infinite is stubbornly credulous - New York Times
Boisterous and masterfully written . . . Faux's cast of misfits and con artists never fails to entertain - Washington Post
Faux demonstrates his incisive grasp of the story with the very first words of his prologue . . . In telling his story, Faux has one major advantage over [Michael] Lewis: almost from the start, he had crypto's number - LA Times