
The King of Crypto Had No Clothes – Ep 856
The Peter Schiff Show Podcast
00:00
The Fallout From FTX
A lot of these people are going to end up mired in lawsuits, but it's not just FTX. The grayscale Bitcoin trust was trading right near a 43% discount to net asset value. And chances are most people working in crypto drank the Kool-Aid and so they probably have most of their net worth tied up in cryptos.
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