On The Brink with Castle Island cover image

Weekly Roundup 06/24/22 (FTX steps in, 3AC postmortem, fraying DeFi governance) (EP.328)

On The Brink with Castle Island

00:00

The Crypto Hedge Fund, the Liquid Crypto Fund

The crypto hedge fund tructr, where they did venture deals, these funds would be shorting the tokens of their own portfolio companies. And because they're liquid funds, they're always trading in and around. That's the antithesis of what it means to be an allined, long term a equity investor. So think it's to put the hockey helmet on here andan just get through it, as sort of the message we're giving to folks in our circles.

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