The Disrespected
Risk of Ruin
00:00
The Unforgiving Events That Followed the FTX Bankruptcy Filing
Mark O'Mara: The most likely explanation is that SPF's hedge fund treated the exchange like a piggy bank, used those funds to trade and didn't follow normal margin requirements. He says Bankman had just come off a year of finding media attention, and maybe he thought he could finesse his way through it. "The events that followed the FTX bankruptcy filing are almost unbelievable to think about"
Transcript
Play full episode
