The crypto market has come a long way in recent years. But it's still far less efficient than your typical established market. To understand more about crypto market structure, we spoke with Sam Bankman-Fried. Sam is a former international ETF trader at the prop shop Jane Street Capital. Now he's building a crypto empire with his hedge fund Alameda Research as well as his own exchange called FTX. He talks us through his path into the industry and how it works more broadly.

Introducing: Bloomberg Money
00:30

A Goldman M&A Banker Helped Bring the Olympics to Los Angeles
32:50

There's a Mind-Boggling Number of Rich People in America
59:43