AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Sam Bankman-Fried Fraud and FTX collapse | EP 7
Good Game
Alameda and FTX - What Happened When Terra Collided?
When Terra collapsed, that ultimately affected Alameda. They collateralized it with FTX and FTX gave them the customer deposits. And obviously, we know what happened after that. Sam had two choices. One is let Alameda go bankrupt. Two is save Alameda by giving Alameda FTX's customer deposits. That was the beginning of the downfall. At least that's my speculation.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode