WTF SBF
Slate Money
00:00
Alameda
The founder of the FTX exchange loaned money to an affiliated hedge fund. The collateral he took for that loan was his own token, FTT. "There's no intrinsic value to anything in crypto," says John Defterios. If a Bitcoin is worth $15,000 or $20,000 and people lose faith in it, it goes to zero.
Transcript
Play full episode
