How the FTX Meltdown Happened—explained by Castle Island's Matt Walsh

Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs
https://bankless.cc/earnifi

----
SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?ut...
️ 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

LEDGER | NANO HARDWARE WALLETS
https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER
https://bankless.cc/Fuelpod

----
Timestamps:

0:00 Intro
4:52 We're Pissed
9:52 Alameda Leveraged Data
13:34 Why Did We Accept This?
15:19 Regulators & Regulation?
21:55 Where Did the Money Come From?
24:42 The Human Destruction
26:35 Who Can You Trust?
30:51 What Will Regulators Do?
35:35 Will the Contagion Continue?
38:42 BlockFi
40:44 What Caused This?
45:10 Ego
47:50 What Should We Do Going Forward?
56:26 Who & Where Are the Adults?
58:33 How Long to Heal?
1:02:05 Is the Worst Behind Us?
1:03:55 Closing & Disclaimers

----
Resources:

Matt Walsh
https://twitter.com/MattWalshInBos

---
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