A Hard Fork in the Road: FTX’s Unraveling and Elon’s Loyalty Oath

Hard Fork

The New York Times

Technology

4.3 • 5.7K Ratings

🗓️ 18 November 2022

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

The balance sheet contains an apology, the in-house coach is concerned that company executives are “undersexed” and billions in customer funds remain in jeopardy. The wreckage at FTX goes from bad to worse. Plus: Elon’s “extremely hardcore” plan for Twitter 2.0.

Transcript

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0:00.0	If the total collapse of FTX has had one silver lining,
0:05.6	it is that I now have more conversation starters
0:08.4	with Polyamorous people.
0:09.5	Yeah, I mean, I think they just mainstream Polyamory
0:11.6	in a huge way, which could come in handy
0:13.1	in San Francisco, to be quite honest.
0:15.3	I'm Kevin Rus, tech columnist at The New York Times.
0:23.4	And I'm Casey Newton from Platformer,
0:25.2	and you're listening to HardFork.
0:27.2	Today on the show,
0:28.1	we've got a continuation of Nightmare November.
0:31.6	We got new details on the collapse.
0:33.8	Do you like that?
0:34.6	I didn't know we had started to call it Nightmare New.
0:37.2	I just made that up.
0:38.2	Is that good?
0:39.0	Yeah, I like that.
0:39.9	I mean, like, for the companies we're talking about,
0:41.2	it is absolutely about a nightmare.
0:42.6	Great.
0:43.4	Nightmare November continues.
0:44.4	We've got new details on the collapse of FTX
	...

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