Once Bitten! A Bitcoin Podcast. cover image

@Saylor - The Year In Review 2022 In #bitcoin. #309

Once Bitten! A Bitcoin Podcast.

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Is It Possible That Sam Bankman Fried Liquidates Alameda?

There's this stupid SEC law from 1933, right? Well, why do those laws exist? Because the San Bankman Frieds of the world can't print their own token and then tank it to zero overnight. He could have never operated the exchange. Alameda would be out of business. FTX wouldbe out of business if they had actually had to file a registration statement with the SEC. And so the reason that it makes sense to file registration statements and take equities public is in order to avoid these kind of FTX, FTT frauds that destroy people.

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