Prof G Markets: Paying for Crypto’s Sins — with Mike Novogratz
Apr 17, 2023
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In this conversation, Mike Novogratz, founder and CEO of Galaxy Investment Partners, shares his insights on the chaotic world of cryptocurrency. He poignantly reflects on his eerie encounter with Sam Bankman-Fried before FTX’s collapse. The discussion dives into the complexities surrounding Binance and the pressing need for effective regulatory frameworks. Mike argues why he hopes Bitcoin doesn’t reach $1 million just yet, while highlighting the emotional and financial turmoil of investors navigating this volatile market.
This week on Prof G Markets, Scott speaks with Mike Novogratz, the founder and CEO of Galaxy Investment Partners, about crypto sociopaths and what it was like to look Sam Bankman-Fried in the eye just weeks before FTX’s collapse. They also discuss what’s next for Binance, government regulations, and why Mike doesn’t want Bitcoin to go to $1 million any time soon.