Hedge funder that lost $65m on FTX says bankruptcy is going better than expected
Travis Kling is the Founder & Chief Investment Officer of Ikigai Asset Management — a crypto asset management startup that had a 'large majority' of its assets stuck on FTX when the exchange declared for bankruptcy last year. In this episode, on the e
Audio is streamed directly from the publisher (media.transistor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Travis Kling is the Founder & Chief Investment Officer of Ikigai Asset Management — a crypto asset management startup that had a 'large majority' of its assets stuck on FTX when the exchange declared for bankruptcy last year.
In this episode, on the eve of former FTX boss Sam Bankman Fried's criminal trial, Kling recounts his story since last November when FTX imploded and explains why he remains optimistic about the potential for recovery.
OUTLINE:
00:56 - Introduction
03:01 - Ikigai’s $65 Million FTX Disaster
05:10 - FTX Estate’s Balance Sheet
08:01 - FTX 2.0
12:01 - Problems with Binance
15:41 - Rebuilding Trust with Exchanges
18:03 - SBF Trial
19:14 - Closing Thoughts