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CryptoCrypto Daily Briefing

FTX Goes Bankrupt and Gets Hacked

Featuring Paul Guerra, Santiago Velez, Christopher Perkins and Eli Ben-Sasson

November 14 at 5:00PM • 42 minutes

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Crypto

Crypto Daily Briefing

FTX Goes Bankrupt and Gets Hacked

Binance creates a recovery fund and calls for regulation.

Featuring Paul Guerra, Santiago Velez, Christopher Perkins and Eli Ben-Sasson

November 14 at 5:00PM • 42 minutes

"FTX has been hacked. FTX apps are malware. Delete them. Chat is open. Don't go on FTX site as it might download Trojans." That message from an FTX administrator was pinned on its official Telegram channel by FTX General Counsel Ryne Miller on Friday, mere hours after the crypto exchange filed for Chapter 11 bankruptcy protection. CoinDesk initially reported “mysterious outflows exceeding $600 million.” CNN says it was just $473 million, the New York Times $515 million. Early on Monday, Binance founder and CEO Chanpgeng Zhao announced his company "is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis." Paul Guerra and co-host Santiago Velez, a co-founder and the R&D division lead at Block Digital, welcome CoinFund president Christopher Perkins – who was at Lehman Brothers when it collapsed in 2008 – and StarkWare co-founder and president Eli Ben-Sasson to assess the still-accumulating fallout from the FTX debacle and to chart potential paths forward. We want to hear from you too – please share your questions, comments, and suggestions! Editor’s Note: Our live chat feature will be unavailable for four to six weeks as we upgrade our video player technology. We apologize for the temporary loss of function. But we assure you the upgrade will more than justify the wait. In the meantime, we will be monitoring the comments section. So, in addition to conversing with your fellow community members, please share your questions there. Show More

Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

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Crypto Daily Briefing brings you live daily analysis and in-depth interviews with the world s leading financial experts so that you can cut through the noise and hype and leave with key takeaways for investing in crypto, Web3 and beyond. Live from Monday to Friday, at 9am PT/12pm ET/5pm UTC.

More Episodes

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