The Dock with Omar Waseem cover image

The Dock with Omar Waseem

Ex-Employee Exposes $30B FTX Collapse | Adi Baradwaj | EP34

Oct 5, 2023
01:12:55

Omar ⁠⁠⁠⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@omarwasm)⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Vishal ⁠⁠⁠⁠⁠⁠⁠⁠⁠(@vishalkolr)⁠⁠⁠⁠⁠⁠⁠⁠⁠ sit down with Adi Baradwaj (@aditya_baradwaj), ex-employee at Alameda Research, to talk about what went down at FTX, how he had his life savings stolen, his lavish life in The Bahamas, the red flags, the day of the collapse, the aftermath, his new company, and more insider info...


The Dock is a Founders, Inc. show. Learn more about Founders, Inc. at:

⁠⁠⁠⁠⁠⁠⁠⁠⁠https://f.inc⁠⁠⁠⁠⁠⁠⁠⁠⁠


Links:

· ⁠⁠⁠⁠⁠⁠Adi's Twitter⁠⁠⁠⁠⁠

· ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Dock⁠⁠⁠⁠⁠⁠⁠⁠⁠


Timestamps:

0:00 - Intro

2:22 - Adi's Backstory

3:56 - Why Tell The Story Now?

5:38 - Getting A Job At Alameda

8:27 - Alameda vs. FTX

10:07 - Relocating To The Bahamas

12:03 - SBF's Unique Personality

16:08 - The Red Flags

20:01 - Fat Fingering A Trade

22:23 - What Caused The Collapse?

32:14 - The Day Of The Collapse

38:43 - The Aftermath

44:49 - What He Lost

47:58 - Is Crypto Dead?

48:43 - His New Company

52:37 - Why This Doesn't Happen In TradFi

55:00 - Learning from the Collapse

1:03:17 - Crypto Needs Role Models

1:07:12 - Reading Tweets

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