Drawing Parallels Between FTX & SVB
Manage episode 358208722 series 2907138
In light of the collapse of Silicon Valley Bank, Will revisits his conversation with the President of The Brownstone Institute, Jeffrey Tucker, to discuss the FTX scandal in November 2022.
Jeffrey explains how the founder of the recently collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, managed to let his company fall. He notes Bankman-Fried's close relationship with the Democratic Party, reveals how he had been encouraging government agencies to oversee FTX, and finally weighs in on the issue of regulating the crypto space.
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