Slate Money cover image

Enron 2

Slate Money

00:00

Is the FTX a Symptom of the Overextension of the Crypto Market?

The FTX collapse is more of a symptom of the overextension and subsequent collapse of the crypto market than it is a major cause of it. It's just impossible to disentangle FTX from the broader cryptocal apps, which has been going on for many months now. Michael Lewis has been embedded with SPF for six months. I feel like that alone. And he's selling the movie, right? So there's going to be a movie. Yes. But not every Michael Lewis character becomes a character. Not everyone is like a moneyball. Like there are the flash boys. Can I do a view name, the CEO of IEX? No, you can't.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app