Welcome to this very special Twitter Spaces event.

This is one that we're just doing as a one-off here.

Obviously, we've had quite a bit of news in the crypto space in the last couple of days.

And, you know, CoinDesca's been in the middle of this for reasons that I think everybody knows.

So we want to like really dive into a little bit about what it all means,

also a little bit about our own coverage of this. It's been, you know, quite a fall from grace

in the crypto industry, almost in any industry, I would say. You really see something unravel as

quickly as we've seen FTX, one of the biggest and most high-frile companies in this space.

For those of you who aren't up to speed, there's probably not many of you, but here's a quick recap.

The event that sparked the collapse of FTX was, in fact, a coin-dust story last Wednesday on the

makeup of the balance sheep of Alameda Research, a hedge fund closely associated with FTX,

which raised serious questions about FTX's solvency. That sparked fund closely associated with FTCX, which raised serious questions

about FDX's solvency.

That sparked an online feud between FDX CEO Sam Bankman-Fried and Chang Peng-Z, better

known as CZ, the CEO of Binance, the biggest exchange in the crypto world, after the latter

revealed that his exchange was dumping its holdings of FTX's self-issued token FTT.

That only sparked bigger concerns about FTX, sparing customers to roof more than $400 million from the exchange, according to data from Nansen.

All of this, of course, then led to, you know, this current offer, this agreement that sort of seems to be loosely in place at

the stage between finance itself to purchase FTX. Look, CoinDest played a critical role in this.

We have amongst the people that we're about to introduce to discuss this, Ian Allison, who broke

the story last Wednesday of that balance sheet. So I just want to just put this out there because, you know,

journalists don't like to necessarily be the story. We like to cover the story. But of course,

...