In this deep dive, Byrne Hobart, a finance newsletter writer, joins data scientist Vipul Naik, fintech entrepreneur Maomao Hu, crypto hedge fund partner Marcus Abramovich, and research president Ozzie Gooen. They dissect the astonishing collapse of FTX and the early warning signs that went unnoticed. The conversation covers ethical failings, the interplay between FTX and Alameda, and the future of effective altruism. Insights on risk-taking, accountability, and the emotional fallout of this financial catastrophe add depth to the analysis.