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“I’m in the Ponzi Business” — Part 1
Season 2 · Episode 227

“I’m in the Ponzi Business” — Part 1

Donna Redel and Justin Weitz join Ron Steslow to discuss the downfall of FTX and Sam Bankman-Fried

Politicology

March 1, 202347m 44s

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Show Notes

Donna Redel (former Managing Director of the World Economic Forum) and Justin Weitz (partner at the law firm Morgan Lewis) joins Ron Steslow to discuss the downfall of FTX and Sam Bankman-Fried


(03:20) Differences among types of crypto 


(06:16) How crypto is viewed by federal law enforcement 


(08:20) Misconceptions about whether and how Bitcoin can be tracked


(13:30) Where FTX sat in the industry landscape before it fell apart 


(17:15) Crypto farming and the” black box” interview


Listen to the full "black box" interview from Bloomberg: http://bit.ly/3yyFu0h


(29:35) What makes fraud fraud


(32:38) What led to the collapse of FTX


Watch that debate: https://bit.ly/3IIwwlt


Follow Ron and Donna on Twitter:


https://twitter.com/RonSteslow


https://twitter.com/DonnaRedel

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