Nic and Matt return for one of the craziest weeks in crypto history. In this episode: 
- Coin Metrics makes a key on-chain discovery regarding FTX’s insolvency
- Will Castle Island buy the naming rights to the Miami Heat arena?
- What in the hell happened to FTX/Alameda?
- How big is the hole in FTX’ balance sheet
- Was FTX/Alameda insolvent as early as Q2?
- How this is reminiscent of the Bitfinex/Tether transaction?
- What did CZ see that caused him to catalyze the attack on FTX?
- How did FTX pass an audit?
- Who will be affected by the FTX collapse?
- How this will affect the already impaired crypto lenders
- We revisit some of the recent departures from FTX/Alameda
- This explains why FTX was bailing out the lenders in Q2
- Will FTX US be firewalled off here?
- Could this crisis have been forecasted?
- Did Sam perjure himself in front of Congress?
- Gensler’s responsibility in the FTX fiasco
- Su Zhu is trying to do a redemption arc
- Why is Su Zhu surfing?
- Possible regulatory consequences
- What are the midterm consequences for crypto?
- A failure of corporate governance at FTX
- Some venture funds were attesting to the solvency of FTX while withdrawing funds
- FTX is selectively processing withdrawals to Bahamanian entities
- Silver linings from the crisis
- Proof of Reserves is having a moment
- Sam’s crypto agenda in DC is thankfully dead
- SBF was somehow an LP in Sequoia and Paradigm
- Setting the record straight on Tom Brady
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