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Business of Sports: NFL Business Podcast

Crypto Currency Roundtable with Lee Reiners and John Sedunov

Business of Sports: NFL Business Podcast

NFL Business

Sports News, News

4.7626 Ratings

🗓️ 13 December 2022

⏱️ 57 minutes

🧾️ Download transcript

Summary

On today's Business of Sports Podcast, Andrew Brandt is joined by Policy Director at the Duke Financial Economic Center and Lecturing Fellow at Duke Law Lee Reiners, and Associate Professor of Finance at Villanova, John Sedunov. The three discuss everything regarding Crypto Currency, what happened with FTX, and what is on the horizon following the bankruptcy of FTX. Connect with the Andrew Sports Business League: https://andrewbrandt.clickfunnels.com/sales Website:  https://www.andrew-brandt.com Andrew’s Sunday Seven Newsletter: https://www.andrew-brandt.com/sunday-seven Twitter: @AndrewBrandt Instragram: @AndrewBrandt2 Clubhouse: @adb719 Twitch.tv/andrewbrandtlive Download the DraftKings Sports Book App and use code ROSS for a sign up bonus up to $1,000 Connect with the Pod Website - https://www.rosstucker.com Become A Patron - https://www.patreon.com/RTMedia Podcast Twitter - https://twitter.com/RossTuckerPod Podcast Instagram - https://www.instagram.com/rosstuckerpod/ Ross Twitter - https://twitter.com/RossTuckerNFL Ross Instagram - https://www.instagram.com/rosstuckernfl/   If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/LA/MI/NJ/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/KS/NH), 888-789-7777/visit http://ccpg.org (CT), 1-800-BETS OFF (IA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), or 1-888-532-3500 (VA). 21+ (18+ NH/WY). Physically present in AZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MI/NH/NJ/ NY/OR/PA/TN/VA/WV/WY only. $150 in Free bets: New customers only. Min. $5 deposit. Min $5 pregame moneyline bet. Bet must win. $150 issued as six (6) $25 free bets. Ends 12/31/22 @ 11:59pm ET. See eligibility & terms at sportsbook.draftkings.com/footballterms. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

And so the ads were kind of implying that, yeah, we all know that there's a lot of risk in crypto.

0:05.5

We're not experts, but we know that FTX is kind of the place that's going to take care of you, right?

0:10.1

It's going to keep your money safe.

0:13.1

And so what type of assurances did they have that that was in fact the case?

0:17.2

I mean, we're finding out new information about FTX by the day.

0:20.5

And if you. the case. I mean, we're finding out new information about FTX by the day. Hey there, boys and girls.

0:44.0

Welcome to a special edition of the Business of Sports with Andrew Brand.

0:47.2

It's a crypto edition of the Business of Sports.

0:50.7

We're presented as always by Draft Kings, produced by Jack Connell, musical producer, Sam,

0:57.2

that music you hear under us is from my son, Sam.

1:00.9

And we are going to get into a special edition because I wanted to get to the bottom of crypto.

1:06.2

In light of the FTX scandal, and as we record this, on Tuesday, it looks like Sam

1:13.8

Bankman-F, SBF, the founder of FTX, has been arrested and is being extradited from the Bahamas.

1:23.1

How about that? What timing for us? Because I wanted to get two experts to really talk about what has

1:29.7

happened with crypto, what has happened with blockchain, and specifically the FTX collapse.

1:35.7

So we get into it. I've got two professors that I admire and I've heard on other podcasts

1:41.2

talking about it. John Sedanoff is a colleague of mine at Villanova at the business school.

1:46.9

He talks about cryptocurrencies in various forms.

1:50.4

He's an expert on the subject, as well as Lee Finer from Duke University.

1:55.3

He's a lecturing fellow at Duke Law.

1:58.2

He's also the policy director at Duke's Financial Economics Center. We had a long

2:03.7

and instructive, informative, and even entertaining discussion about FtX, about the House of

...

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