This Week in Crypto: SBF Arrested
Bloomberg Crypto16 Des 2022

This Week in Crypto: SBF Arrested

Just a mere month ago, disgraced former FTX CEO Sam Bankman-Fried was the undisputed king of the digital asset industry. Now the 30-year-old is under arrest, facing criminal charges from the U.S. The Department of Justice, and civil charges from the Securities and Exchange Commission and the Commodity Futures Trading Commission. FTX has declared bankruptcy, and almost a million FTX creditors are unlikely to get their money back.

Meanwhile contagion continues to spread through the ecosystem, with all eyes on crypto exchange Binance, that’s faced more than $1 billion in withdrawals in recent days. And some market watchers fear the stablecoin Tether could be the next crypto domino to fall.

Bloomberg crypto editor Anna Irrera and Bloomberg reporter Misyrlena Egkolfopoulo join the show.

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

See omnystudio.com/listener for privacy information.

Episoder(223)

A Post-FTX Reality Check with Joe Weisenthal

A Post-FTX Reality Check with Joe Weisenthal

Have you heard the one about “the box”? In April 2022, long before Sam-Bankman Fried was tweeting rambling threads about the collapse of his FTX empire, he joined the Bloomberg Odd Lots podcast and ta...

23 Nov 202217min

Is Bitcoin Still Heading Into an Ice Age?

Is Bitcoin Still Heading Into an Ice Age?

Before chaos broke out in the crypto market with the collapse of FTX, a report by digital-assets researcher CryptoCompare found that Bitcoin’s value…was still dropping. It appeared the industry wasn’t...

22 Nov 202215min

What Does FTX’s Fall Mean for the Future Of Crypto?

What Does FTX’s Fall Mean for the Future Of Crypto?

In a crisis, there are always winners and losers. So, who are some of the players who might emerge stronger from the latest calamity to hit the cryptoverse? And will the fallout rekindle the tense deb...

21 Nov 202218min

Bonus: The Crypto Story by Matt Levine - Part 4

Bonus: The Crypto Story by Matt Levine - Part 4

Listen to the fourth audio excerpt from a special issue of Businessweek magazine, The Crypto Story. Bloomberg columnist Matt Levine uses the full issue to explain where crypto came from, what it means...

20 Nov 202259min

Weekend Bonus: Crypto IRL, Episode 8, with Tim and Katie

Weekend Bonus: Crypto IRL, Episode 8, with Tim and Katie

Our colleagues on QuickTake, Tim Stenovec and Katie Greifeld, host a weekly video series called QuickTake IRL - In Real Life. Just for listeners of the Bloomberg Crypto podcast, we've got an audio ver...

19 Nov 202226min

Eight Days Into FTX's Bankruptcy Blow Up

Eight Days Into FTX's Bankruptcy Blow Up

It’s been another unprecedented week in the crypto ecosystem. Fast moving information and news about digital assets has kept coming as the market struggles with the repercussions of FTX declaring bank...

18 Nov 202218min

Matt Levine Weighs In on the Post-FTX Crypto Ecosystem

Matt Levine Weighs In on the Post-FTX Crypto Ecosystem

This week on the podcast, we’ve attempted to unpack the spectacular downfall of one of the biggest crypto exchanges and how it has possibly changed the sector forever. A month ago, if someone would ha...

17 Nov 202232min

Assessing BITO One Year In

Assessing BITO One Year In

Around this time last year, the very first Bitcoin-linked exchange-traded fund debuted -  the ProShares Bitcoin ETF, which trades under the ticker BITO. The launch marked a milestone for the digital-a...

16 Nov 202213min

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