Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance’s buyout of FTX. 

Show topics:

Haseeb's tl;dr of Binance's possible acquisition of FTX

whether Alameda is the new Three Arrows Capital

the implications of FTX's collapse for regulators and lawmakers

what will happen to all the companies that lent money to Alameda

Sam Bankman-Fried's emergency effort to raise billions of dollars

whether there could be criminal charges against FTX

why FTX was not as profitable as other derivative exchanges

what the probabilities are of Binance actually buying FTX

whether the enterprise value of FTX is negative

Tom's concerns about the concentration in the industry

how FTX's implosion will impact crypto venture capital firms

whether Solana can survive without SBF's support

how the lack of transparency kicked off this situation and how blockchains help solve this issue



Hosts


Haseeb Qureshi, managing partner at Dragonfly Capital


Tom Schmidt, general partner at Dragonfly Capital


Guests


Nic Carter, reformed Bitcoin Maxi

Nic’s proof of reserves


Laura Shin, author, host of Unchained


Episode Links

Previous coverage of Unchained:Sam Bankman-Fried on How to Prevent the Next Terra and 3AC

Acquisition of FTX
CZ’s announcement


SBF’s announcement


Binance’s merkle-tree proof-of-reserves


Unchained coverage:

Binance Set to Buy FTX Amid Liquidity Crisis

SBF’s Net Worth Plummets 94% In One Day: Report

There are Rumors that Alameda Went Down With 3AC in Q2

Alameda Owes More Than $30M in DeFi Debt

Coinbase and Genesis Declare No Exposure to Collapsing FTX 

Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days

Binance to Liquidate Millions Worth of its FTX’s Token Holdings

FTX’s Stablecoin Reserves Hit One-Year Low

Alameda’s Balance Sheet Sparks Controversy


Crypto regulation
Industry Leaders Debate How to Regulate DeFi

Bankless debate between SBF and Erik Voorhees