The Collapse of FTX | 24 hours later

Bankless

Tech News, Technology, News

4.7 • 1.2K Ratings

🗓️ 10 November 2022

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The craziest 48 hours in crypto history? From the apparent takeover of FTX by Binance to no more takeover to SBF now being probed by U.S. regulators.

As the dust settles, we cover everything that’s unfolded in the last 24 hours and how it’ll reshape crypto moving forward.

If you missed yesterday’s stream where we go over the timeline of how all this happened and got industry leaders Brian Armstrong, Erik Voorhees, & Ryan Selkis to share their thoughts—you can find it here: https://youtu.be/LDtZyMcaaNY

------
Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs
https://bankless.cc/earnifi

------
SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt
️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------
BANKLESS SPONSOR TOOLS:

️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum

ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across

BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave

NEXO | CRYPTO FINANCIAL HUB
https://bankless.cc/Nexo

LEDGER | NANO HARDWARE WALLETS
https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER
https://bankless.cc/Fuelpod

------
Timestamps:

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures

Transcript

Click on a timestamp to play from that location

0:00.0	Biggest station, another emergency episode for you today.
0:10.1	We are 24 hours after learning about the collapse of FDX, and a lot has happened since our
0:16.3	last livestream in the last 24 hours, so we felt a need to call this emergency episode
0:22.4	Round two.
0:23.4	Round two.
0:24.4	Part two.
0:25.4	Here we are again.
0:26.4	Round two.
0:27.4	Are you feeling exhausted, David?
0:28.4	Yeah, I'm pretty exhausted.
0:31.9	Yesterday it was like exciting, maybe dare I say fun.
0:36.8	But then today is a little bit more, oh no, this is real, this is bad, this is something
0:43.0	that we will have to get over as an industry, not to get over this big ass hurdle.
0:49.8	I think that's the theme is basically what are the consequences of people's actions, what
0:56.3	is happening?
0:57.3	All out going to be, and I think some themes for this episode yesterday was kind of like
1:01.2	what happened.
1:02.2	Now we're dealing with the fallout, the contagion, we're in damage control mode, and we're
1:07.2	still trying to assess this.
1:08.2	I mean, there's a lot of big questions people have.
1:11.0	It seems to be there is a hole on FDX's balance sheet.
1:15.4	There was talk yesterday, the direction seemed to be a CZ would kind of ride, bring the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.