What Does FTX’s Downfall Mean for the Crypto Industry?
We talk about the allegations against Bankman-Fried, where the crypto market stands and what we can learn from this moment.
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Show Notes
In less than a month, crypto-billionaire Sam Bankman-Fried went from industry leader to pariah. His cryptocurrency exchange FTX has filed for bankruptcy, with the filings listing more than one million creditors impacted. The formerly $32 billion dollar company is now the target of investigations by the Securities and Exchange Commission and Justice Department; Bankman-Fried is facing public scrutiny amid allegations of fraud. We’ll talk about the allegations against Bankman-Fried, where the crypto market stands and what we can learn from this moment.
Guests:
Margaret O'Mara, historian of the modern United States, University of Washington
Hilary Allen, professor of law, American University
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