
Okay, Computer 11/9/22: Dumb Like Us with Rick Heitzmann & A Conversation with Groundswell’s Jake Wood & Human Ventures’ Joe Marchese
RiskReversal Pod
00:00
FTX Is Being Bought by Its Biggest Competitor, Binance
Rick Steves: Sam Bankman-Freeon had been the buyer of last resort for all of these crypto funds and some of these other platforms that have gone under. He would come in and one of his entities and they'd back these things and they'd take them under. Now, he needed one and Binance is doing it. And what's interesting to me is that, you know, when Bitcoin had sold off because there were fears about FTX and their solvency,. It rallied up above 20,000. Well, as we speak, it just did a U-turn over the last few hours. This is Tuesday afternoon and it's back near 18 and a half thousand
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