A propulsive investigation into how crypto coins created to level the playing field became a new financial crisis.
In a post-Sam Bankman-Fried world, where words like truth, stability and value have become negotiable irrelevancies, we should have reached a watershed moment for unregulated trading.
We didn’t.
Instead, in a post-apocalyptic financial wasteland, a new asset class has become the volatile battleground for a desperate generation: meme coins. Through these meaningless cryptocurrencies, anyone, anywhere, can gamble their life savings in a zero-sum game with no safety net. And with billions of dollars of young money being thrown on the bonfire, a feeding frenzy for opportunists, conmen and world leaders has been sparked.
Because where desperation leads, money follows.
Now these valueless coins have powerful lobbying groups behind them. They are being embedded in our portfolios, our pensions, and our children’s lives. And in a decentralised joke economy with no rules, the table stakes can be your savings, your wellbeing, or your very life.
In this anarchic financial thriller, Sander Lutz, the first crypto-dedicated White House correspondent, follows the trail of destruction straight to the dark heart of the Oval Office and global trading floors – setting him on a collision course with an outrageous cast of misfits, miscreants, and the sitting US President.
All bets are off, and we should be very worried about what comes next.