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Crypto’s 2001 Moment: How Bad Will This Get? | Avichal Garg & Haseeb Qureshi

Empire

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The FTX BlockFi Deal Is All Speculative, Right?

The last piggy banks that Alameda had were Voyager and BlockFi. That's the speculation, right? The thing that's scary about these situations is that you hear about the people who are fine first. And then there's the less obvious stuff that shows up later. I've heard that KuCoin is in trouble. There are a few other exchanges that seem to have issues. But for the most part,  most exchanges don't do this shit. Most exchanges, they understand how to run an exchange business,. Well, there's supposed to be on chain in a cold wallet.

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