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The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater - Ep. 421

Unchained

English - November 16, 2022 08:30 - 1 hour - ★★★★★ - 1.2K ratings
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Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra were joined by Laura Shin, CEO of the show, to chop it up about the collapse of FTX. 

Show topics:

Haseeb's explanation of the blowup of FTX

whether FTX was a Ponzi scheme

Sam Bankman-Fried's strategy to become a billionaire

the weird sale of Serum, a project backed by SBF

the lack of proper accounting practices in FTX and Alameda

whether FTX did not have a proper and large enough security team 

the likelihood that FTX’s volume numbers are fake 

why Haseeb thinks this is one of the biggest catastrophes in venture history

the role of media in building SBF's character and the revindication of journalism

whether venture capital firms run propaganda for their portfolio companies

whether VC culture enabled this collapse to happen

the story of how Sam convinced Tom Brady to invest in FTX

the debate about effective altruism and whether SBF's EA caused his mistakes

whether FTX's failure will set the crypto industry back

Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital

Tom Schmidt, general partner at Dragonfly Capital

Tarun Chitra, managing partner at Robot Ventures

Guests

Laura Shin, author, host of Unchained

Episode Links

Previous coverage of Unchained:

The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?

The Chopping Block: SBF on a Crazy Week of Bitfinex, Wormhole and ENS Drama

Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets

Sam Bankman-Fried on How to Prevent the Next Terra and 3AC

FTX Collapse:

FTX filed for Chapter 11 bankruptcy protection

NYT’s “How Sam Bankman-Fried’s Crypto Empire Collapsed”

Sam Bankman-Fried built a "backdoor" to his FTX exchange to change financial records and move funds without alerting others.

$600 million hack

Unchained coverage:

Could FTX’s Bankruptcy Trigger a Domino Effect?

FTX May File for Bankruptcy After Binance Walks Off the Deal

FTX Needs $8B to Meet Investor Withdrawals: Report

Tron Founder Justin Sun Says He Is Working With FTX on a Solution

US DOJ Joins SEC and CFTC Probe of FTX

FTX-Issued Wrapped Solana Tokens Could Add to DeFi Contagion: wBTC Creator

Sequoia Capital Writes Off $214M FTX Investment to Zero

Binance Set to Buy FTX Amid Liquidity Crisis

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

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

Alameda’s Balance Sheet Sparks Controversy

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

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra were joined by Laura Shin, CEO of the show, to chop it up about the collapse of FTX. 


Show topics:
Haseeb's explanation of the blowup of FTX
whether FTX was a Ponzi scheme
Sam Bankman-Fried's strategy to become a billionaire
the weird sale of Serum, a project backed by SBF
the lack of proper accounting practices in FTX and Alameda
whether FTX did not have a proper and large enough security team 
the likelihood that FTX’s volume numbers are fake 
why Haseeb thinks this is one of the biggest catastrophes in venture history
the role of media in building SBF's character and the revindication of journalism
whether venture capital firms run propaganda for their portfolio companies
whether VC culture enabled this collapse to happen
the story of how Sam convinced Tom Brady to invest in FTX
the debate about effective altruism and whether SBF's EA caused his mistakes
whether FTX's failure will set the crypto industry back



Hosts

Haseeb Qureshi, managing partner at Dragonfly Capital

Tom Schmidt, general partner at Dragonfly Capital

Tarun Chitra, managing partner at Robot Ventures


Guests


Laura Shin, author, host of Unchained


Episode Links


Previous coverage of Unchained:


The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?
The Chopping Block: SBF on a Crazy Week of Bitfinex, Wormhole and ENS Drama
Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets
Sam Bankman-Fried on How to Prevent the Next Terra and 3AC


FTX Collapse:


FTX filed for Chapter 11 bankruptcy protection
NYT’s “How Sam Bankman-Fried’s Crypto Empire Collapsed”
Sam Bankman-Fried built a "backdoor" to his FTX exchange to change financial records and move funds without alerting others.
$600 million hack
Unchained coverage:
Could FTX’s Bankruptcy Trigger a Domino Effect?
FTX May File for Bankruptcy After Binance Walks Off the Deal
FTX Needs $8B to Meet Investor Withdrawals: Report
Tron Founder Justin Sun Says He Is Working With FTX on a Solution
US DOJ Joins SEC and CFTC Probe of FTX
FTX-Issued Wrapped Solana Tokens Could Add to DeFi Contagion: wBTC Creator
Sequoia Capital Writes Off $214M FTX Investment to Zero
Binance Set to Buy FTX Amid Liquidity Crisis
SBF’s Net Worth Plummets 94% In One Day: Report
Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days
Alameda’s Balance Sheet Sparks Controversy


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

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