Pirates of Finance cover image

Due Diligence Daisy Chains [FTX] S03:E12

Pirates of Finance

00:00

FTX

The market tried to react around this fraud as withdrawals stopped working at FTX. The creative ways people started doing this is first, you had an OTC market for inter FTX account transfers. Once they shut down intra account transfers, people figured out a way to use illiquid derivatives and trading algos in order to move money between accounts.

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