38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)

November 14, 2022 02:03:38
38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)
Scam Economy
38: Scam Bankrupt-Fraud: The Death of FTX (w/ Ed Zitron)

Nov 14 2022 | 02:03:38

/

Show Notes

Ed Zitron joins Scam Economy with Matt Binder to discuss one of the craziest weeks in crypto. FTX goes bankrupt, billions gone, hundreds of millions possibly hacked and/or stolen. Matt and Ed discuss all the details, breaking down the timeline of events, how there have long been questions about the liquidity of FTX and Alameda Research, the media fawning over founder Sam Bankman-Fried, how the entire operation was run by 10 roommates with on-again-off-again personal relationships, and much much much more. Ed's newsletter on FTX: https://ez.substack.com/p/sam-bankrun-fraud Article's mention in the episode: FTX Hacked: https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/ SBF and Roomates: https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/ Reuters texts with SBF: https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/ CNBC on SBF: https://www.youtube.com/watch?v=uGZrZq6z-Ig Mike Burgersberg's Alameda story: https://dirtybubblemedia.substack.com/p/is-alameda-research-insolvent CoinDesk's Alameda story: https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/ Visit ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

Other Episodes

Episode

November 21, 2022 01:03:08
Episode Cover

39: FTX Conspiracies About Ukraine & Democrats Don't Add Up (w/ Sergey Vasylchuk)

Sergey Vasylchuk of Aid For Ukraine and CEO of Ukrainian crypto company Everstake joins Scam Economy with Matt Binder to explain why the conspiracy...

Listen

Episode

November 07, 2022 01:00:05
Episode Cover

37: Sam Bankman-Fried is Known as Crypto's Bailout King. Is His Own Empire Broke? (w/ Mike Burgersburg)

Mike Burgersburg of Dirty Bubble Media joins Scam Economy to talk Sam Bankman-Fried aka SBF, founder of the crypto exchange FTX and the crypto...

Listen

Episode

July 15, 2022 00:48:00
Episode Cover

23: Elon Musk Loves Cryptocurrency (But Elon and Crypto Don't Love You)

Just like crypto, Elon Musk is all hype. So, they're a match made in heaven. Scam Economy host Matt Binder takes a look at...

Listen