Finshots Daily cover image

The FTX collapse explained

Finshots Daily

Binance's Sam Bankman Fried Tweet - What Happened to FTX?

3min Snip

00:00
Play full episode
FTX CZ was founded by Sam Bankman Fried, who later bought out Binance's stake in the company. Both founders never publicly admitted why they parted ways. But reports at the time indicated that Sam may have feared regulatory action which likely propelled him to part ways with the company. And despite the rumors, it was still an amicable separation.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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