5min chapter

Galaxy Brains cover image

Alex Svanevik (Nansen) on Proof of Reserves

Galaxy Brains

CHAPTER

Alameda and FTX Collapse?

Nansen: I think there were some really clear takeaways that I had on FTX. One was very simple was not co-mingling proprietary and customer assets or they claim, you know, Sam has claimed that they didn't co-mingle it. They just borrowed more than they should have from it. Nansen: The cool thing about the blockchain is that you have this immutable history now of that wallets activity.

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