70 min listen
38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)
FromScam Economy
ratings:
Length:
124 minutes
Released:
Nov 14, 2022
Format:
Podcast episode
Description
Ed Zitron joins Scam Economy with Matt Binder to discuss one of the craziest weeks in crypto. FTX goes bankrupt, billions gone, hundreds of millions possibly hacked and/or stolen. Matt and Ed discuss all the details, breaking down the timeline of events, how there have long been questions about the liquidity of FTX and Alameda Research, the media fawning over founder Sam Bankman-Fried, how the entire operation was run by 10 roommates with on-again-off-again personal relationships, and much much much more.
Ed's newsletter on FTX: https://ez.substack.com/p/sam-bankrun-fraud
Article's mention in the episode:
FTX Hacked: https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/
SBF and Roomates: https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/
Reuters texts with SBF: https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/
CNBC on SBF: https://www.youtube.com/watch?v=uGZrZq6z-Ig
Mike Burgersberg's Alameda story: https://dirtybubblemedia.substack.com/p/is-alameda-research-insolvent
CoinDesk's Alameda story: https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/
Visit ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Ed's newsletter on FTX: https://ez.substack.com/p/sam-bankrun-fraud
Article's mention in the episode:
FTX Hacked: https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/
SBF and Roomates: https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/
Reuters texts with SBF: https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/
CNBC on SBF: https://www.youtube.com/watch?v=uGZrZq6z-Ig
Mike Burgersberg's Alameda story: https://dirtybubblemedia.substack.com/p/is-alameda-research-insolvent
CoinDesk's Alameda story: https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/
Visit ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Released:
Nov 14, 2022
Format:
Podcast episode
Titles in the series (65)
1: Scam Economy 101: The ABCs of Crypto (w/ David Gerard): Welcome to the Scam Economy: Episode #1 with our first guest cryptocurrency journalist and author, David Gerard. Cryptocurrency? Bitcoin? Ethereum? NFTs? Proof of work? Proof of stake? What does this all mean? David joins host Matt Binder to breakdown everything you need to know about (most of) the basics in the world of cryptocurrency. For more, check out: scameconomy.com by Scam Economy