46 min listen
FTX Goes Bankrupt and Gets Hacked
ratings:
Length:
45 minutes
Released:
Nov 14, 2022
Format:
Podcast episode
Description
"FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans." That message from an FTX administrator was pinned on its official Telegram channel by FTX General Counsel Ryne Miller on Friday, mere hours after the crypto exchange filed for Chapter 11 bankruptcy protection. CoinDesk initially reported “mysterious outflows exceeding $600 million.” CNN says it was just $473 million, the New York Times $515 million. Early on Monday, Binance founder and CEO Chanpgeng Zhao announced his company "is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis." Paul Guerra and co-host Santiago Velez, a co-founder and the R&D division lead at Block Digital, welcome CoinFund president Christopher Perkins – who was at Lehman Brothers when it collapsed in 2008 – and StarkWare co-founder and president Eli Ben-Sasson to assess the still-accumulating fallout from the FTX debacle and to chart potential paths forward.
Released:
Nov 14, 2022
Format:
Podcast episode
Titles in the series (100)
Tokenizing the World with BitPanda: Eric Demuth discusses the creation of BitPanda, Bitcoin's role as a digital asset, and interoperability within blockchain ecosystems. by Raoul Pal: The Journey Man