64 min listen
40: BlockFi BankruptcyFi: A Bizarre FTX "Bailout" Story (w/ Nikhilesh De of CoinDesk)
FromScam Economy
40: BlockFi BankruptcyFi: A Bizarre FTX "Bailout" Story (w/ Nikhilesh De of CoinDesk)
FromScam Economy
ratings:
Length:
68 minutes
Released:
Dec 5, 2022
Format:
Podcast episode
Description
Nikhilesh De of CoinDesk joins Scam Economy with Matt Binder to break down the fall of another crypto lending company, BlockFi. This one has a twist though. BlockFi was actually bailed out by Sam Bankman-Friend of FTX this year when it first failed...and then things get interesting. BlockFi failed yet again and filed for bankruptcy after FTX's own bankruptcy. Nik breaks down what BlockFi did, where things went wrong, the dealings it had with FTX, and what's going on now. Plus! Nik and Matt discuss the latest on FTX and Sam Bankman-Fried's odd series of interviews and more!
Visit: ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Discussed in the episode:
https://www.coindesk.com/policy/2022/11/28/ftx-fallout-continues-as-crypto-lender-blockfi-declares-bankruptcy/
https://twitter.com/FounderFlori/status/1590030306978848768
https://twitter.com/BlockFi/status/1590875997351866368
https://www.bloomberg.com/news/articles/2022-11-28/blockfi-says-it-owes-the-sec-30-million-in-bankruptcy-filing
Visit: ScamEconomy.com
Support the show: http://www.patreon.com/mattbinder
Discussed in the episode:
https://www.coindesk.com/policy/2022/11/28/ftx-fallout-continues-as-crypto-lender-blockfi-declares-bankruptcy/
https://twitter.com/FounderFlori/status/1590030306978848768
https://twitter.com/BlockFi/status/1590875997351866368
https://www.bloomberg.com/news/articles/2022-11-28/blockfi-says-it-owes-the-sec-30-million-in-bankruptcy-filing
Released:
Dec 5, 2022
Format:
Podcast episode
Titles in the series (65)
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