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Cliff Asness — FTX, Hedge Funds and the Value Spread (EP.142)

Infinite Loops

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What the Fuck Is Going on With FTX and Sam, Whatever, Bankman?

"I don't know anyone I have not considered a bit of a scammer or a huckster in our broadly defined field who doesn't friggin love crypto and is not willing to sell it to you tomorrow," he says. "It really is that it was just so epically incompetent and fly by night and put together at the last moment and everything hoc that it really wasn't ultimately criminal." He adds: "There's going to be a lot of interesting stuff to come out in the next year if [FTX founder] Sam Bankman does follow through and testify in front of Congress"

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