
Not Boring Founders: Brandon Arvanaghi, Meow
"Age of Miracles"
00:00
Crypto Hedge Funds - What Happens to Crypto Yields?
The problem is were they behaving fraudulent? Was there enough data to actually prove they had the balance sheet? Were they pledging the same collateral to like 10 different people without actually providing it to them? So that's one of the issues that came to light here. And yeah, a lot of people's equity cushions came in to save the day or they're implicit back stops. It's cool to see you doing so well through this and making all their decisions. Cause like this is the nightmare scenario, right? That there's a crypto blow up and that interest rates are, are rising.
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