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

April 22, 2022 01:07:10
Episode Cover

12: A/S/L/Crypto?: The Dating App Crypto Scam Scourge

Looking for love? Have you been targeted by a crypto scam on a dating app? Scam Economy listeners recently called into the live post-show...

Listen

Episode

July 01, 2022 00:58:57
Episode Cover

21: Coinspiracy: How QAnon Influencers Conned Their Followers with Crypto (w/ Ernie Piper & Nick Backovic of Logically.ai)

Logically.ai UK editor Ernie Piper and Senior OSINT Analyst Nick Backovic join Matt Binder on Scam Economy to discuss the tech-based anti-misinformation firm's report...

Listen

Episode

December 12, 2022 01:19:29
Episode Cover

41: So Many Hacks! The Myth of Blockchain Security (w/ Domingo Flores)

If the blockchain is so secure...why are there so many crypto hacks? Infosec expert Domingo Flores joins Scam Economy with Matt Binder to dispel...

Listen