The Collapse of FTX | 24 hours later

The craziest 48 hours in crypto history? From the apparent takeover of FTX by Binance to no more takeover to SBF now being probed by U.S. regulators. As the dust settles, we cover everything that’s unfolded in the last 24 hours and how it’ll reshape crypto moving forward. If you missed yesterday’s stream where we go over the timeline of how all this happened and got industry leaders Brian Armstrong, Erik Voorhees, & Ryan Selkis to share their thoughts—you can find it here: https://youtu.be/LDtZyMcaaNY  ------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi  ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt  ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave  NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo  LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger  ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod  ------ Timestamps: 0:00 Intro 5:05 The Recap https://twitter.com/wassielawyer/status/1590025892994371584  https://twitter.com/RyanSAdams/status/1590150120250966016  14:37 Our Mood 25:00 The Story Continued https://twitter.com/cz_binance/status/1590351182513729544  29:50 SBF Deleting Tweets https://twitter.com/ledgerstatus/status/1590115753331937281  31:27 Ooof https://twitter.com/ercwl/status/1590165313190260737  https://twitter.com/Snowden/status/1590319361863995394  33:35 SBF Letter to Investors https://twitter.com/WClementeIII/status/1590107340317294593  35:20 UPDATE https://www.coindesk.com/business/2022/11/09/binance-is-strongly-leaning-toward-scrapping-ftx-rescue-takeover-after-first-glance-at-books-source/  https://twitter.com/Blockworks_/status/1590441854960820224  37:35 US Probes FTX https://www.bloomberg.com/news/articles/2022-11-09/us-probes-ftx-empire-over-handling-of-client-funds-and-lending  39:30 https://twitter.com/tier10k/status/1590444221525278721  https://twitter.com/tier10k/status/1590394410151251968  https://twitter.com/depression2019/status/1590383943358218240  43:26 Alameda Website Dead https://twitter.com/WClementeIII/status/1590406041250181120  https://12ft.io/proxy?q=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fbinance-is-said-to-be-likely-to-walk-away-from-deal-to-buy-ftx-11668020963  44:20 How This Happened? https://twitter.com/LucasNuzzi/status/1590122590206824448  1:02:00 Binance Tweets https://twitter.com/binance/status/1590449161069268992  Onchain flows https://www.coindesk.com/markets/2022/11/09/these-four-key-charts-shed-light-on-the-ftx-exchanges-spectacular-collapse/  https://twitter.com/LucasNuzzi/status/1590122590206824448  1:05:07 Convo Starter https://twitter.com/crypto_condom/status/1590338735606231041 1:08:05 10% of Multicoin on FTX https://twitter.com/TheBlock__/status/1590349978873913350  1:09:39 Galaxy Exposure to Alameda https://www.theblock.co/post/184262/galaxy-digital-reveals-ftx-exposure-in-q3-earnings-report  1:10:00 FTX Investors https://twitter.com/fintechfrank/status/1590145184020328448  1:10:46 Other Chains https://twitter.com/dunleavy89/status/1590056663767449600  1:11:15 FTX.US is Okay https://www.axios.com/2022/11/09/ftx-us-american-subsidiary-impact-liquidity-crunch  1:11:30 Emotions https://twitter.com/0xfoobar/status/1590204552891899907  https://twitter.com/cobie/status/1590188580483497985  https://twitter.com/shaughnessy119/status/1590201528014753792  https://twitter.com/lawmaster/status/1590238771915935744  People Selling their FTX Balances  https://twitter.com/TensaiCapital/status/1590301595237224449  SBF Down Bad ATH https://twitter.com/econoar/status/1590130144815218689  1:20:25 CZ Tweets https://twitter.com/cz_binance/status/1590313459132305408  1:22:00 Solana Unlocks https://twitter.com/thedata_nerd/status/1590307325650182144  1:27:00 Coinbase Gud https://twitter.com/ViktorBunin/status/1590064600178835457  1:27:16 The Meta Question https://twitter.com/BanklessHQ/status/1590341304172838913  1:27:30 What Happened & Closing Thoughts 1:34:05 Risks & Disclaimers 1:34:35 Leaving you with Larry David https://twitter.com/LilMoonLambo/status/1590145235291893760  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures