29-12-2022 12:00 via theguardian.com

Year of the tech grifter: will Silicon Valley ever learn from its mistakes?

The tech industry’s hype machine always trumpets a fresh new ‘genius’ – and it still hasn’t learned its lessonIt was a month of eerie parallels.On 12 December, the disgraced crypto founder Sam Bankman-Fried was arrested on fraud charges in the Bahamas, marking a dramatic end to his reign as the head of the now defunct cryptocurrency exchange FTX. Continue reading...
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