Ep. 59: Web3 Market (November Update) FTX drama

15/11/2022 2h 38min

Listen "Ep. 59: Web3 Market (November Update) FTX drama"

Episode Synopsis

The last week has been insane and I think we need a place to collectively wrap our minds around it and catch our breath. If you haven't heard, FTX filed for bankruptcy & CEO Bankman-Fried secretly transferred about $10 billion of customer funds from FTX to his trading firm Alameda Research and used a “backdoor” to avoid triggering accounting red flags.