Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance’s buyout of FTX.
Show topics:
- Haseeb’s tl;dr of Binance’s possible acquisition of FTX
- whether Alameda is the new Three Arrows Capital
- the implications of FTX’s collapse for regulators and lawmakers
- what will happen to all the companies that lent money to Alameda
- Sam Bankman-Fried’s emergency effort to raise billions of dollars
- whether there could be criminal charges against FTX
- why FTX was not as profitable as other derivative exchanges
- what the probabilities are of Binance actually buying FTX
- whether the enterprise value of FTX is negative
- Tom’s concerns about the concentration in the industry
- how FTX’s implosion will impact crypto venture capital firms
- whether Solana can survive without SBF’s support
- how the lack of transparency kicked off this situation and how blockchains help solve this issue
Take Unchained’s 2022 survey!
Unchained is doing its annual survey. Tell us how you think we’re doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!
Hosts
- Haseeb Qureshi, managing partner at Dragonfly Capital
- Tom Schmidt, general partner at Dragonfly Capital
Guests
- Nic Carter, reformed Bitcoin Maxi
- Laura Shin, author, host of Unchained
Episode Links
Previous coverage of Unchained:
Acquisition of FTX
- CZ’s announcement
- SBF’s announcement
- Binance’s merkle-tree proof-of-reserves
- Unchained coverage:
- Binance Set to Buy FTX Amid Liquidity Crisis
- SBF’s Net Worth Plummets 94% In One Day: Report
- There are Rumors that Alameda Went Down With 3AC in Q2
- Alameda Owes More Than $30M in DeFi Debt
- Coinbase and Genesis Declare No Exposure to Collapsing FTX
- Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days
- Binance to Liquidate Millions Worth of its FTX’s Token Holdings
- FTX’s Stablecoin Reserves Hit One-Year Low
- Alameda’s Balance Sheet Sparks Controversy