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MONEY REIMAGINED: Worse Than Enron? The FTX Collapse Leaves Many With Egg on Their Faces

MONEY REIMAGINED: Worse Than Enron? The FTX Collapse Leaves Many With Egg on Their Faces

FromCoinDesk Reports


MONEY REIMAGINED: Worse Than Enron? The FTX Collapse Leaves Many With Egg on Their Faces

FromCoinDesk Reports

ratings:
Length:
37 minutes
Released:
Nov 18, 2022
Format:
Podcast episode

Description

This episode is sponsored by Roofstock onChainBy now, you might have expected the daily revelations of "OMG, have you heard the latest" surrounding the implosion of crypto exchange FTX to have run their course. But, they haven’t. We have instead been treated with a jaw-dropping statement from FTX's new CEO, John J. Ray III, well known for overseeing Enron's notorious scam fallout. So, on this episode of “Money Reimagined,” host Michael Casey is joined by CoinDesk colleagues Nikhiesh De, Managing Editor for Global Policy and Regulation, and Tracy Wang, Deputy Managing Editor of the Business team; to breakdown on one hand, the aura of good and sophistication Sam Bankman-Fried created through his marketing, philanthropy, and political donations, and on the other hand, the utter mess of a company.See also:  Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance SheetSam Bankman-Fried's Frequent Commenting Draws Icy Response From FTX's Restructuring ChiefFTX Employees Worldwide Learned of Bankruptcy Along With the PublicThe FTX Collapse Looks an Awful Lot Like EnronThe Long Arm of FTXThis episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 18, 2022
Format:
Podcast episode

Titles in the series (100)

Podcasts featuring news, illuminating discussion and insightful commentary from the editorial team at CoinDesk.com.