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Bitcoin, Midterms & Trump w/ @The Rubin Report | PBD Podcast | Ep. 204
PBD Podcast
What's Happening With FTX?
FTX went from a 32 billion dollar company to 16 billion dollar company in just 36 hours. The founder gave 39 million dollars to democratic super PACs and one of the other Executives that owns a lot of shares in the company gave 19 million dollars to Republican super PACs. FTX backers include sequoia which once sued Binance for unrelated reasons paradigm soft bank tiger global bond Blackrock lightspeed inside partners ribbit capital race capital all of these guys invested in the point of this article Is saying that at the very least the FTX experience will put a major chill on venture investments in crypto Even in unaffected areas like decentralized finance if FTX can go from 32 billion to zero Maybe in just
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