There's a lot of questions about what's happening over with the Bahamian regulators during the Congressional testimony. John Jay Ray was saying that, you know, during these bankruptcies, they regularly have to collaborate with outside jurisdictions and usually it's a pretty smooth process. But FTX is, I would call it an explosion rather than an implosion because it has absolutely generated a lot of shrapnel on the crypto industry. The contingent has been pretty extreme in the FTX case.
Paris Marx is joined by Molly White to discuss the ongoing collapse of the crypto industry, what to make of the implosion of FTX and Alameda Research, and what happens next with Sam Bankman-Fried.
Molly White is the creator of Web3 Is Going Just Great and a fellow at the Harvard Library Innovation Lab. You can follow her on Twitter at @molly0xFFF.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
The podcast is produced by Eric Wickham and part of the Harbinger Media Network.
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