logo
episode-header-image
Nov 2022
32m 29s

TX Empire Goes Bankrupt in Sudden Fall

bloomberg
About this episode

Bloomberg News Crypto Reporter Olga Kharif discusses Sam Bankman-Fried’s digital-asset empire filing for Chapter 11 bankruptcy. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology and Venture Capital Reporter Priya Anand provide the details of Priya's Businessweek Magazine story One of Gaming’s Most Hated Executives Is Crashing the Metaverse. Timothy Tully, CEO of ZelCore, shares his thoughts on the collapse of FTX and what it means for the future of crypto. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at The Carson Group.
Hosts: Katie Greifeld and Alix Steel. Producer: Paul Brennan.  

See omnystudio.com/listener for privacy information.

Up next
Yesterday
US Revokes Waiver Allowing Iran Oil Sales After Tanker Attacks
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. The US Treasury Department revoked a waiver that allowed the sale of Iranian oil in response to attacks on tankers in the Strait of Hormuz, jeopardiz ... Show More
41m 34s
Jul 6
Porsche and Other Sports Car Icons Are Losing Appeal in China
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Audi introduced its newest car, the Nuvolari, a hybrid with a 1,000-horsepower, V-8 engine, which will share hardware with its Volkswagen AG sister br ... Show More
11m 46s
Jul 6
High AI Capex Demand a 'Multi-Year' Cycle
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Broadcom said that it will provide new custom chips to Apple Inc. in an expanded partnership that now runs through 2031.Under the new agreement, the c ... Show More
39m 29s
Recommended Episodes
Nov 2022
Eight Days Into FTX's Bankruptcy Blow Up
It’s been another unprecedented week in the crypto ecosystem. Fast moving information and news about digital assets has kept coming as the market struggles with the repercussions of FTX declaring bankruptcy and the resignation of former CEO Sam Bankman-Fried. Events continue to u ... Show More
18m 56s
Nov 2022
Understanding the Collapse of Sam Bankman-Fried's Crypto Empire
The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details are still coming out, it already ranks among the most prominent corporate disasters of all time and has left the entire crypto community reeling. To better understand the role that ... Show More
51m 51s
Nov 2022
What FTX’s collapse means for crypto
<p>The crypto exchange FTX was supposed to be among the “credible” players operating in digital finance. But its swift descent into bankruptcy shocked the financial industry. The FT’s asset management correspondent Josh Oliver explains what went wrong, and markets editor Katie Ma ... Show More
19m 20s
Nov 2022
Crypto Update | Traders Staggered as FTX Declares Bankruptcy (Including Its US Affiliate)
With crypto lender BlockFi pausing withdrawals, plus an inside look at the fast and loose kids who ran the FTX empire, CoinDesk’s “Markets Daily” is back with the latest news roundup. Today's Stories...Read the full show notes here. Featured Story: Bankman-Fried’s Cabal of Roomma ... Show More
13m 21s
Nov 2022
E104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more
(0:00) New bestie game show! (6:20) Election recap: Red wave falls flat, Republican party flips from Trump to DeSantis, a rebuke of extremism (20:47) Coinbase CEO Brian Armstrong joins to break down the FTX collapse, further contagion risk, regulation, and more! (43:32) Red flags ... Show More
1h 25m
Nov 2022
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
On today’s show, we’re taking a look at early industry reaction to the fall of the Sam Bankman-Fried (SBF) empire with an in-depth article courtesy of CoinDesk Deputy Managing Editor Daniel Kuhn. Read the full story here. - This episode was edited & produced by Adrian Blust with ... Show More
13m 19s
Apr 2024
FTX and the Serengeti of bankruptcy
For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught in a financial feeding frenzy over the remains of the company. On today's show, we do ... Show More
25m 27s
Nov 2022
What the Crypto Crash Means for ETFs
<p>The crypto market may not be dead, but it’s arguably in a temporary coma thanks to the spectacular implosion of Sam Bankman-Fried’s FTX. The bankrupt crypto exchange, with billions of dollars of customer funds allegedly missing, has spooked all but the hardcore believers and p ... Show More
24m 26s
Listen to millions of songs and podcasts on Anghami