Erik Voorhees, founder of ShapeShift, and Jordan Fish, aka Cobie, crypto investor and host of UpOnly, talk about the collapse of FTX.

the links between FTX and Alameda
what kickstarted the blowup of FTX
why Erik and Cobie think that Bankman-Fried's behavior was “sociopathic”
why the $10 billion hole is so shocking to Cobie considering the advantages that FTX had as a company
whether this would have ever happened if the prices hadn’t plummeted in the bear market
the tension between advocates of privacy and those who want to limit criminal activity
why Erik believes that SBF’s donations to both political parties are bribery
whether regulators can prevent an exchange from collapsing
whether Changpeng Zhao did a better job at investigating FTX than anyone at the SEC
the likelihood that this will result in criminal charges
how blockchain technology is the solution to the problem of centralized exchanges doing things in the dark
Tether’s decision to freeze USDT owned by FTX
Erik’s response to Bitcoin maximalists who say FTX was caused by altcoins
whether it is a mistake for exchanges to issue their own tokens
how big the contagion could be in the industry
why nobody should leave a significant amount of their net worth in a centralized exchange
Erik’s message to regulators
whether SBF was aligned with the values and the ethos of crypto

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Erik:

Cobie:

Previous coverage of Unchained:

FTX Collapse:

Binance’s dropped deal with FTX

Crypto regulation

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Volker Geyer, stellv. Bundesvorsitzender DBB, zur Rentendiskussion