Way back in September 2022, when FTX was a brand more reputation than notoriety, Sequoia Capital published this fawning spotlight on Sam Bankman-Fried. “The founder of FTX lives his life by a calculus of altruistic impact.” They have since removed […]
If he clearly weren’t so full of it, this might almost sound reasonable. As of this writing over 200 people have “liked” it, which should frighten us given his inevitable jury trial. ~ learn more
“On November 8, 2022, the debtors sought an additional $125mm from FTX under the parties’ loan agreement but — ⚡️shocker⚡️— did not get it. FTX filed its own bankruptcy three days later. This time line is bananas…” | learn more
I don’t have a link to share about the FTX drama. But I can’t help mentioning it. My short summary: the second largest crypto exchange has suddenly collapsed, and of course it’s because of fraud and leverage. Not only does […]
Up until a couple weeks ago I was staking USDC on a few platforms, BlockFi included, to earn interest. When Celsius imploded, I pulled out of all of them. Apparently, I was not the only one. This market behavior drove […]
The stripe co-founder talks about a range of (mostly crypto-related) topics with the FTX founder. | learn more
Shortly before the Celsius freeze, I read that trading firm Alameda Research pulled out of a 50k ETH position that led to the “run on the bank.” The founder of Alameda Research is also the founder of FTX, which has tossed now […]
“Sam is a former international ETF trader at the prop shop Jane Street Capital. Now he’s building a crypto empire with his hedge fund Alameda Research as well as his own exchange called FTX. He talks us through his path […]