Guests Adam Yedidia, Gary Wang, and Matt Huang discuss the trial of Sam Bankman-Fried, revelations about FTX, flawed insurance fund calculations, and updates on the defense strategy and Cascoin. Things aren't going well for Sam in the trial.

Former FTX software developer, Paradigm co-founder, and FTX and Alameda co-founder discuss FTX's code bug, lack of corporate controls, financial crimes, and implementations for Alameda. Yedidia's emotional account reveals why he changed his beliefs about FTX.

The podcast discusses the opening statements of the prosecution and defense in Sam Bankman-Fried's trial, portraying him as power-hungry and discussing how he mishandled customer funds. The upcoming witnesses include Matt Huang, a crypto VC firm co-founder, and Gary Wang, a former FTX CTO. The trial could have far-reaching implications for the crypto industry.