The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? - Ep. 418

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance’s buyout of FTX. 

Show topics:

Haseeb's tl;dr of Binance's possible acquisition of FTX

whether Alameda is the new Three Arrows Capital

the implications of FTX's collapse for regulators and lawmakers

what will happen to all the companies that lent money to Alameda

Sam Bankman-Fried's emergency effort to raise billions of dollars

whether there could be criminal charges against FTX

why FTX was not as profitable as other derivative exchanges

what the probabilities are of Binance actually buying FTX

whether the enterprise value of FTX is negative

Tom's concerns about the concentration in the industry

how FTX's implosion will impact crypto venture capital firms

whether Solana can survive without SBF's support

how the lack of transparency kicked off this situation and how blockchains help solve this issue

Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital

Tom Schmidt, general partner at Dragonfly Capital

Guests

Nic Carter, reformed Bitcoin Maxi

Nic’s proof of reserves

Laura Shin, author, host of Unchained

Episode Links

Previous coverage of Unchained:Sam Bankman-Fried on How to Prevent the Next Terra and 3AC

Acquisition of FTX
CZ’s announcement

SBF’s announcement

Binance’s merkle-tree proof-of-reserves

Unchained coverage:

Binance Set to Buy FTX Amid Liquidity Crisis

SBF’s Net Worth Plummets 94% In One Day: Report

There are Rumors that Alameda Went Down With 3AC in Q2

Alameda Owes More Than $30M in DeFi Debt

Coinbase and Genesis Declare No Exposure to Collapsing FTX 

Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days

Binance to Liquidate Millions Worth of its FTX’s Token Holdings

FTX’s Stablecoin Reserves Hit One-Year Low

Alameda’s Balance Sheet Sparks Controversy

Crypto regulation
Industry Leaders Debate How to Regulate DeFi

Bankless debate between SBF and Erik Voorhees 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance’s buyout of FTX. 

Show topics:
Haseeb's tl;dr of Binance's possible acquisition of FTX
whether Alameda is the new Three Arrows Capital
the implications of FTX's collapse for regulators and lawmakers
what will happen to all the companies that lent money to Alameda
Sam Bankman-Fried's emergency effort to raise billions of dollars
whether there could be criminal charges against FTX
why FTX was not as profitable as other derivative exchanges
what the probabilities are of Binance actually buying FTX
whether the enterprise value of FTX is negative
Tom's concerns about the concentration in the industry
how FTX's implosion will impact crypto venture capital firms
whether Solana can survive without SBF's support
how the lack of transparency kicked off this situation and how blockchains help solve this issue

Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital

Tom Schmidt, general partner at Dragonfly Capital

Guests

Nic Carter, reformed Bitcoin Maxi
Nic’s proof of reserves

Laura Shin, author, host of Unchained

Episode Links

Previous coverage of Unchained:Sam Bankman-Fried on How to Prevent the Next Terra and 3AC

Acquisition of FTX
CZ’s announcement

SBF’s announcement

Binance’s merkle-tree proof-of-reserves

Unchained coverage:
Binance Set to Buy FTX Amid Liquidity Crisis
SBF’s Net Worth Plummets 94% In One Day: Report
There are Rumors that Alameda Went Down With 3AC in Q2
Alameda Owes More Than $30M in DeFi Debt
Coinbase and Genesis Declare No Exposure to Collapsing FTX 
Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days
Binance to Liquidate Millions Worth of its FTX’s Token Holdings
FTX’s Stablecoin Reserves Hit One-Year Low
Alameda’s Balance Sheet Sparks Controversy

Crypto regulation
Industry Leaders Debate How to Regulate DeFi
Bankless debate between SBF and Erik Voorhees 

Learn more about your ad choices. Visit megaphone.fm/adchoices