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Matt Walsh
Partner at Castle Island Ventures and co-host of On The Brink with Castle Island, focusing on news and deals in the public blockchain space and venture investing.
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Nov 16, 2022
• 1h 5min
How the FTX Meltdown Happened—explained by Castle Island's Matt Walsh
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Matt Walsh, General Partner at Castle Island VC and co-host of On the Brink, offers keen insights into the FTX collapse. He passionately questions the lack of oversight that allowed Sam Bankman-Fried to operate unchecked. The discussion covers the ripple effects of the meltdown, the importance of self-custody in crypto, and the psychological trust issues surrounding exchanges. Walsh emphasizes the urgent need for regulatory reforms and accountability to prevent future crises while exploring strategies for rebuilding a more resilient industry.
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