Podcast and Chill #61

Unpacking FTX Fraud; Insolvency Experts on FTX Customer Funds; Was Bahamas Government Involved in the FTX Hack?

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Cheat Sheet -

Support and resistance levels and our daily, weekly and monthly bias on BTC, ETH, OIL, ES, and NQ as well as our favorite altcoins.

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• Unpacking the FTX Fraud with Lyn Alden

“We appear to have actual fraud, various types of fraud, essentially a Ponzi scheme, and that’s different from even just a normal casino… you can have a crypto casino, and it just makes money from fees, and most traders get rekt; but this is like a casino built on top of a Ponzi.” — Lyn Alden

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• Will FTX Customers Ever Recover Their Assets? Two Insolvency Experts Weigh In

“Wassielawyer, a lawyer specializing in restructuring and insolvency, and Thomas Braziel, founder and CEO of 507 Capital, talk about the bankruptcy of FTX.”

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• Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?

“Wassielawyer, a lawyer specializing in restructuring and insolvency, explains the first declaration from new FTX CEO John Ray in the company’s bankruptcy case. “

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