The Naked Emperor Episode 2: The Beginning of the End
Understood
The Implosion of Alameda
"There was never smart money. There was never done money," says John Defterios, host of "This Is Life with John Defterio" The show looks at the rise and fall of a crypto exchange called FTX in recent months. It's now being run by ex-Hedge Fund manager Sam Bank-Rafried who used to be an investor in FTX itself. But his hedge fund is taking hits when prices fall and projects fail,. debts start being called in. And that's soon going to have grave consequences for FTX.
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