Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets - Ep. 419
Erik Voorhees, founder of ShapeShift, and Jordan Fish, aka Cobie, crypto investor and host of UpOnly, talk about the collapse of FTX.

🔥 EPISODE LINK 🔥
CHECK OUT THE EPISODE LINKS AND DETAILS HERE
👉 https://unchainedpodcast.com/erik-voorhees-and-cobie-on-why-ftx-loaned-out-customers-assets-ep-419/ 👈

Show highlights:
🔹the links between FTX and Alameda
🔹what kickstarted the blowup of FTX
🔹why Erik and Cobie think that Bankman-Fried's behavior was “sociopathic”
🔹why the $10 billion hole is so shocking to Cobie considering the advantages that FTX had as a company
🔹whether this would have ever happened if the prices hadn’t plummeted in the bear market
🔹the tension between advocates of privacy and those who want to limit criminal activity
🔹why Erik believes that SBF’s donations to both political parties are bribery
🔹whether regulators can prevent an exchange from collapsing
🔹whether Changpeng Zhao did a better job at investigating FTX than anyone at the SEC
🔹the likelihood that this will result in criminal charges
🔹how blockchain technology is the solution to the problem of centralized exchanges doing things in the dark
🔹Tether’s decision to freeze USDT owned by FTX
🔹Erik’s response to Bitcoin maximalists who say FTX was caused by altcoins
🔹whether it is a mistake for exchanges to issue their own tokens
🔹how big the contagion could be in the industry
🔹why nobody should leave a significant amount of their net worth in a centralized exchange
🔹Erik’s message to regulators
🔹whether SBF was aligned with the values and the ethos of crypto

Thank you to our sponsors!
Crypto.com
Ava Labs
DeFi Saver

_______________________________________________________
Time Stamps:
0:10 Intro
0:47 Context of FTX's collapse
3:08 Links between FTX and Alameda
11:24 SBF and regulation
17:14 Lies
35:12 Investigations
42:26 USDT
50:03 Contagion
1:08:30 Message to regulators

_______________________________________________________
#bitcoin #ethereum #crypto #cryptocurrencies #defi #FTX @UpOnly
++++++++++++++++++++++++++++++++++++++++++++++++
FOLLOW UNCHAINED!
📹 WHY BITCOIN NOW? → https://www.youtube.com/watch?v=cuRRVo2Cmsc&list=PLySrw1Nvf-so8QESa6HuO50pPhAreEjO9
CHECK OUT THE CRYPTOPIANS → https://www.youtube.com/watch?v=DFzunCFXrv4
WEBSITE → https://unchainedpodcast.com
UNCHAINED DAILY NEWSLETTER → https://unchainedpodcast.com/category/newsletters/
BULLETIN NEWSLETTER → https://laurashin.bulletin.com
LAURA'S TWITTER → https://twitter.com/laurashin
UNCHAINED TWITTER → https://twitter.com/unchained_pod
FACEBOOK → https://www.facebook.com/unchainedwithlaurashin
YOUTUBE → https://www.youtube.com/c/unchainedpodcast
INSTAGRAM → https://www.instagram.com/laurashin/?hl=en
LINKEDIN → https://www.linkedin.com/in/laurashin/
MERCHANDISE → https://shop.unchainedpodcast.com/

++++++++++++++++++++++++++++++++++++++++++++++++

NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY!
THE CHOPPING BLOCK LIVESTREAMED EVERY OTHER TUESDAY!

Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w
Google Podcast → https://www.google.com/podcasts?feed=aHR0cDovL3VuY2hhaW5lZC5saWJzeW4uY29tL3VuY2hhaW5lZA%3D%3D
Stitcher → https://www.stitcher.com/podcast/forbes-podcast-network/unchained-big-ideas-from-the-worlds-of-blockchain-and-fintech
TuneIn → https://tunein.com/podcasts/Business-News/Unchained-Big-Ideas-From-The-Worlds-Of-Blockchain-p887100/
Youtube → https://www.youtube.com/playlist?list=PLySrw1Nvf-spgSyIkuj8mgibH-ipcUGrs
Website → https://unchainedpodcast.com/category/unchained/
RSS Feed → https://feeds.megaphone.fm/LSHML4761942757

++++++++++++++++++++++++++++++++++++++++++++++++

YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!

++++++++++++++++++++++++++++++++++++++++++++++++

(From Youtube)