“I’m in the Ponzi Business” — Part 1 - podcast episode cover

“I’m in the Ponzi Business” — Part 1

Mar 01, 202348 minSeason 2Ep. 227
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Episode description

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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