In 2015, Sergei Leontiev's life's work — a Russian banking business — was taken away from him overnight. Why were he and the bank being targeted? This is the first episode of The Russian Banker, a new three-part series from the Financial Times. The remaining episodes will air the following two Wednesdays on Behind the Money. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The collapse of FTX sent shockwaves through the crypto ecosystem last year. But it gave rival crypto exchange Binance, the biggest in the world, a chance to dominate the markets. The FT’s digital assets correspondent Scott Chipolina explains why Binance has struggled to capitalise on that moment.  Clips from CNBC, CBS News and Good Morning America - - - - - - - - - - - - - - - - - - - - - - - - - -  The FT Weekend Festival is back on Saturday, September 2 at Kenwood House Gardens in London! It’ll be a day of debates, performances and more — including a live recording of Behind the Money. As a podcast listener, claim £20 off your festival pass using promo code FTPodcast. Get your pass here: http://ft.com/festival  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Has Binance blown its chance to rule the crypto markets? Small crypto exchanges take advantage of Binance’s decline When tackling crypto, the SEC should be wary of overreach Changpeng ‘CZ’ Zhao, crypto’s ‘corporate raider’ - - - - - - - - - - - - - - - - - - - - - - - - - -  On Twitter, follow Scott Chipolina (@ScottChipolina) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.