Chapter
Investment firm vaporizes $10 billion worth of customer funds
01:00 - 06:34 (05:34)
The preeminent VC firm, Sequoia, along with 50 other top investors, have invested in a firm that has lost $10 billion worth of customer funds. Although the facts can be discussed, the unconventional practices of the person in charge are coming under scrutiny.
Clips
The hosts discuss the recent surge in the price of Ethereum as Wall Street Firms increase their investment.
01:00 - 01:59 (00:59)
Summary
The hosts discuss the recent surge in the price of Ethereum as Wall Street Firms increase their investment. They also touch on personal investments and withdrawals.
ChapterInvestment firm vaporizes $10 billion worth of customer funds
EpisodeReaction To The Collapse of FTX and Sam Bankman-Fried
PodcastMy First Million
This podcast discusses a young investor who has become one of the wealthiest men in crypto through his unorthodox methods, which have attracted investments from some of the top investors in the world.
01:59 - 04:44 (02:44)
Summary
This podcast discusses a young investor who has become one of the wealthiest men in crypto through his unorthodox methods, which have attracted investments from some of the top investors in the world.
ChapterInvestment firm vaporizes $10 billion worth of customer funds
EpisodeReaction To The Collapse of FTX and Sam Bankman-Fried
PodcastMy First Million
FTX faced a liquidity crisis as people began withdrawing their money following doubts about the safety of assets.
04:44 - 05:20 (00:35)
Summary
FTX faced a liquidity crisis as people began withdrawing their money following doubts about the safety of assets. The CEO addressed the issue, suggesting it was a hoax by a competitor.
ChapterInvestment firm vaporizes $10 billion worth of customer funds
EpisodeReaction To The Collapse of FTX and Sam Bankman-Fried
PodcastMy First Million
The defeat of FTX, once worth $20-30 billion and now facing bankruptcy due to alleged fraud and missing funds worth $10 billion, raises the question of how much leverage is applied in the industry.
05:20 - 06:34 (01:14)
Summary
The defeat of FTX, once worth $20-30 billion and now facing bankruptcy due to alleged fraud and missing funds worth $10 billion, raises the question of how much leverage is applied in the industry.