Newcomer Podcast cover image

Taylor Swift Tickets, FTX & Twitter

Newcomer Podcast

CHAPTER

FTX Unwinding

Theftx was highly over leveraged its main token collapsed in value there was a huge run on the ftx bank essentially by all of its depositors. The company had basically and sam bachman free had taken all of the assets that were in there and tried to cover up their losses. They had been taking incredibly risky bets not just to cover their losses but to trade to fund the entire trading arm because they had so many losses right.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner