On The Brink with Castle Island cover image

Weekly Roundup 11/17/22 (John Ray's FTX filing, will FTX political contributions be repaid, what's wrong with effective altruism?) (EP.372)

On The Brink with Castle Island

00:00

FTX Hack

$370 million of funds were hacked off of the FTX platform after they had already declared bankruptcy. "This is brutal for the recovery, right? I mean, that's a meaningful amount of money," he says. But it also just goes to show the nature of this liquidation, wind up, whatever, is so utterly symbolic. 'It probably take 10 years to figure all this out'

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