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Cryptomania by Andrew R. Chow
Cryptomania by Andrew R. Chow
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Cryptomania: Hype, Hope, and the Fall of a Billion-Dollar Fintech Empire
by Andrew R. Chow
An Explosive Account of the Battle for Crypto’s Soul and the 2022 Economic Meltdown
⚠️ FINANCIAL FRAGILITY & THE COST OF HYPER-GROWTH
Time magazine’s technology correspondent Andrew Chow chronicles the meteoric rise and catastrophic collapse of FTX, exposing the human collateral behind one of the largest financial frauds in US history.
Extended Synopsis
In Cryptomania, Andrew R. Chow delivers a definitive, page-turning exposé on the 2022 cryptocurrency crash. The narrative centers on the industry's zeitgeist figure, FTX CEO Sam Bankman-Fried, contrasting his growth-obsessed, "by-any-means" philosophy against the original utopian ideals of figures like Ethereum’s Vitalik Buterin. Chow explores how a movement initially designed to build fairer, more democratic financial systems was co-opted by a Silicon Valley-style pursuit of scale that mirrored the high-risk instruments of the 2008 financial crisis.
Drawing on exclusive reporting and deep connections within the global NFT and fintech communities, Chow unfolds the twenty tumultuous months leading to the industry's downfall. From the eccentrics driving the bubble to the prosecutors targeting its architects, Cryptomania serves as a clinical post-mortem of a billion-dollar empire. It is a vital academic and historical record for anyone seeking to understand the intersection of technology, greed, and the human toll of economic instability.
Author Biography
Andrew R. Chow is a technology correspondent for Time magazine, where he has led coverage on the rise of Web3, NFTs, and the evolving digital economy. His extensive network and investigative rigor have made him one of the most respected voices in tech journalism. Cryptomania is the culmination of his deep-tier reporting on the cultural and financial shifts within the fintech sector.
Reader Targeting
- Financial Professionals & Strategists: Individuals looking to analyze market bubbles and the warning signs of systemic financial risk in emerging technologies.
- Tech Enthusiasts & Developers: Readers interested in the history of blockchain ethics and the divergence between decentralization ideals and centralized exchange realities.
- Business Students & Historians: Academics studying the lifecycle of fintech empires and the regulatory response to large-scale corporate fraud.
Accolades & Awards
- Highly anticipated work from a leading Time technology correspondent.
- Praised as the definitive successor to Bad Blood and Too Big to Fail for the crypto era.
- A foundational text for understanding the 2022 global economic meltdown in the digital asset space.
Product Specifications
| ISBN-13: | 9781668038161 |
| ISBN-10: | 1668038161 |
| LCCN: | 2024403133 |
| Publisher: | Simon & Schuster |
| Binding: | Hardcover |
| Publication Date: | 2024-08-06 |
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