![]() “In this case, what you’re doing is possibly losing some money that belonged to crypto speculators in the Bahamas.” Then he caught himself, and added, “On the other hand, this is not to excuse.” Holmes was “supplying phony medical information to people that might kill them,” he said. Lewis, asked by a smirking, sycophantic interviewer named Jon Wertheim on “60 Minutes” Sunday if the FTX scam wasn’t just like Elizabeth Holmes’ hawking a fraudulent blood testing device under the Theranos name, rejected the thought. the greatest financial mania the world has ever seen.” Who else suffered? Of the collapse of FTX, the criminal charges against Bankman-Fried and the entire edifice of cryptocurrency, Faux accurately writes: “This is. ![]() When it all came crashing down, the investors lost their money, the politicians had to give some of theirs back, the stars stopped returning his phone calls. Lewis doesn’t say who told him so, but the absurd conjecture appeared in a slavish profile written by a freelance author for Sequoia Capital, which invested in FTX the profile has since been scrubbed from the firm’s website, presumably out of mortification. This torrent of nonsense didn’t snow many people who knew anything about finance and weren’t angling for a piece of his action, such as Bloomberg’s Matt Levine.īut it sure seems to have snowed the hell out of Michael Lewis, who wrote about financial schemes in “Liar’s Poker,” “Flash Boys” and “The Big Short.” In this book, he credulously quotes a venture capitalist speculating that Bankman-Fried “had a real shot at being the world’s first trillionaire.” The sports and entertainment stars - Tom Brady, Larry David, Anna Wintour - who swarmed around this shlub in cargo shorts were seduced by their need to be in on a new thing. Government agencies are moving to crush crypto as a hive of ‘fraud and scams.’ Congress should stay out of their way, and investors should take note. The term was later adopted by a company called "Metaverse Corporation," which was later renamed "Meta" in 2021.Business Column: The government crackdown on crypto is well underway. The Metaverse in the novel refers to a virtual reality space where people can interact with each other and digital objects in a three-dimensional environment. The word that Neal Stephenson coined in his 1992 novel "Snow Crash" that was later shortened by a company to become its new name is "Metaverse". Please find below some information about Today's Final Jeopardy Clue: In this article, you will be able to find the answer to Today's Final Jeopardy Clue for April 20, 2023! CLUE: Neal Stephenson coined this word in his 1992 novel “Snow Crash” it was later shortened by a company to become its new name ANSWER: Metaverse The clue is presented in the form of a question, just like in the regular game, and often includes a hint or clue about the category or topic of the clue. The Clue of the Day is typically released on Jeopardy! website and social media channels the day before the episode airs. The Clue of the Day is often used to promote upcoming episodes of the show and to generate excitement among fans. The Final Jeopardy Clue of the Day is a feature on the popular American television quiz show, Jeopardy! It is a clue that is selected by the show's producers and released to the public before the episode airs. Neal Stephenson coined this word in his 1992 novel “Snow Crash” it was later shortened by a company to become its new name
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