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Tales From The Crypto: The Rise and Fall of FTX

S1 Ep2: Before the Milk Spoils

Tales From The Crypto: The Rise and Fall of FTX

Audio Up Inc.

Government, Investing, Business

4.21.4K Ratings

🗓️ 10 October 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

The Mooch ascends to Donald Trump's White House where a stint with the Import-Export Bank of the US exposes him to the future: cryptocurrencies before he is called into the game as the new White House Communications Director. Eleven days later, he’s fired.

Transcript

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0:00.0

You know, this sounds naive and perhaps overly idealistic, but countries in trouble, the

0:11.4

people that I grew up with in this country, my dad as an example, they were economically

0:17.9

aspirational blue collar people.

0:20.8

In 35 short years, we turned those people from economically aspirational to economically

0:27.2

desperational, and I watched that happen, it's a tragedy, maybe I could be a part of

0:33.0

the solution.

0:34.0

Of course, when you go to Washington, you know, they have different set of values.

0:39.2

One of the funniest things Trump ever said to me, which I'll repeat here, is he said,

0:44.1

hey man, I thought I was a real estate mogul, I thought I was a killer, and I was working

0:49.5

with other real estate moguls that were killers, because the goddamn secretary said it was

0:54.2

to slice those people up, like into nice and just chop them up on a cutting board, and

0:59.0

the boy being washed is a totally different beast, okay?

1:01.5

You could be at a table with a person, they would pick your eyeball out with a nice pick,

1:06.7

and they'd drop your eyeball in a dirty martini, and then they're talking to you, you're bleeding

1:10.5

at the table, and they're talking to you like nothing happened, that's Washington, okay?

1:15.1

And so, you know, I wasn't ready for that, I was ill prepared for that, got my ass kicked.

1:19.7

When I leave for the White House, I'm open-minded to a whole host and a whole series of different

1:37.7

things, Ryan's previous didn't like me, now he was from West Concent, so he tries to act

1:45.4

like Richie had cunning cam on the outside, but he's like a Sith Lord on the inside, you

1:49.8

know what I mean?

1:50.8

The guy could have just said to me, hey, you know, I hate your guts, I'm going to be the

1:53.8

chief of staff, I don't want you working in the White House, I'm sorry, well that's

...

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