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Unraveling FTX: Testimony and Consequences
This chapter explores Carolyn Ellison's testimony in the FTX fraud case and its implications for her former partner, Sam Bankman-Fried. The hosts analyze the role of risk assessment in both finance and gambling, drawing parallels with the Kelly Criterion. Additionally, the discussion touches on the dynamics of accountability and belief within the FTX organization, emphasizing the psychological relief stemming from confronting inevitable downfall.