Going Infinite: The Rise and Fall of a New Tycoon

This book traces the rice and fall of FTX and Sam Bankman-Fried. After reading it, I came to the conclusion that Bankman-Fried is pretty weird and probably came upon his wealth more by luck and effective altruism connections than by business acumen. By corollary, the fall felt like it was more due to sloppiness than intentional misdeeds. The bankruptcy attorneys seem to be the real villains. 

Bankman-Fried comes across as autistic utilitarian who loved seeing things as probabilities. He enjoyed playing games and treated business and trading as just another game. FTX spent heavily in promotion and offered better efficiency than competitors. However, there was still a big black box with crypto. It is a system that is decentralized and built on "lack of trust". Yet exchanges come in that require you to trust them. Have we just recreated the same old problems?