How Ryan Salame's Neighbors Got Tangled Up In FTX's Fallout
Bloomberg Crypto18 Tammi 2023

How Ryan Salame's Neighbors Got Tangled Up In FTX's Fallout

Western Massachusetts is a very different place from the Bahamas, where the FTX crypto exchange had its headquarters. But the small town of Lenox there is feeling the effects of the FTX bankruptcy nonetheless.

The reason is Ryan Salame, the former co-CEO of FTX Digital Markets who was also a major player in the economy of Lenox.

Salame grew up in Berkshire County, of which Lenox is a part. The town has fewer than 10,000 residents - closer to 5000 actually, according to the most recent census. In March 2022, the county’s local newspaper the Berkshire Eagle reported that Salame owned multiple restaurants and other properties in the town.

What’s going to happen to those restaurants now that FTX has filed for bankruptcy and Salame is out of a job? Bloomberg reporter Carly Wanna joins this episode for the latest.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Jaksot(223)

Can DeFi Survive the Hacks?

Can DeFi Survive the Hacks?

In March of 2022, hackers stole about $600 million from a crypto network. It was one of the biggest exploits of this asset class to date, and left many investors shaken. Can a decentralized financial ...

9 Kesä 202219min

Celebrities and NFTs

Celebrities and NFTs

Did you know that both Madonna and Justin Bieber own expensive digital images of apes? It’s true: Bored Apes and other nonfungible tokens are a must-have celebrity accessory these days. But should you...

8 Kesä 202219min

Crypto in your 401(k)

Crypto in your 401(k)

Fidelity, one of the largest investment managers in the world, made headlines when it announced its intention to offer clients the ability to invest in crypto through their 401(k) retirement accounts....

7 Kesä 202210min

Defining Our Terms

Defining Our Terms

You might already consider crypto to be synonymous with the word volatility. But what about all the other words that get thrown around by enthusiasts? What’s staking all about? How are bridges created...

6 Kesä 202220min

Regulating The Regulators

Regulating The Regulators

Cryptocurrencies are increasingly popular as investments - everyone from retail traders on Reddit to big institutional shops like Fidelity seems to have a crypto strategy. But what happens when the pe...

3 Kesä 202216min

Hello, And Not So-Stable Stablecoins

Hello, And Not So-Stable Stablecoins

Welcome to Bloomberg Crypto: a new daily podcast from Bloomberg and iHeart Radio. In today’s inaugural episode, host stacy-marie ishmael introduces herself, shares what you can expect from this new da...

2 Kesä 202216min

Introducing: Bloomberg Crypto

Introducing: Bloomberg Crypto

The crypto universe is expanding fast, and with that expansion comes both excitement and uncertainty. Stacy-Marie Ishmael is the managing editor for Crypto at Bloomberg News and your host for Bloomber...

9 Touko 20221min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
politiikan-puskaradio
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
viisupodi
otetaan-yhdet
rss-asiastudio
rss-mina-ukkola
rikosmyytit
the-ulkopolitist
rss-vaalirankkurit-podcast
io-techin-tekniikkapodcast
linda-maria
rss-kiina-ilmiot
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen