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Sam Bankman-Fried will get 25 years in jail

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FTX founder Sam Bankman-Fried was sentenced to 25 years in jail for his position within the collapse of the cryptocurrency change, and Thames Water shareholders would possibly take an enormous monetary hit. Plus, what on the spot noodles can inform us concerning the financial system.

Talked about on this podcast:

Thames Water shareholders sign readiness to take £5bn hit

FTX founder Sam Bankman-Fried sentenced to 25 years in jail for fraud

Lloyd’s of London chief requires fast insurance coverage payouts on Baltimore bridge

Oodles of noodles: how a worldwide favorite grew to become an financial purple flag

The FT Information Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Further assist by Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s government producer. The FT’s world head of audio is Cheryl Brumley. The present’s theme music is by Metaphor Music.

Learn a transcript of this episode on FT.com

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