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 have told us that crypto exchange FTX was potentially mismanaging customer funds, funneling money into its sister trading firm Alameda Research, and would soon weigh on the crypto industry, we wouldn't have believed them.

As more details about its general finances emerge, we're starting to better understand how FTX and its former CEO Sam Bankman-Fried might have managed to change the industry forever. How much of a mess was FTX in? How did nobody notice? And how will this shape the future of crypto? Bloomberg reporters Katie Greifeld and Vildana Hajric ask Bloomberg opinion columnist Matt Levine for the long view.

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

This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.

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 have told us that crypto exchange FTX was potentially mismanaging customer funds, funneling money into its sister trading firm Alameda Research, and would soon weigh on the crypto industry, we wouldn't have believed them.
As more details about its general finances emerge, we're starting to better understand how FTX and its former CEO Sam Bankman-Fried might have managed to change the industry forever. How much of a mess was FTX in? How did nobody notice? And how will this shape the future of crypto? Bloomberg reporters Katie Greifeld and <a href="https://www.bloomberg.com/authors/ATsVXHyLRok/vildana-hajric" data-cke-saved-href="https://www.bloomberg.com/authors/ATsVXHyLRok/vildana-hajric">Vildana Hajric</a> ask Bloomberg opinion columnist <a href="https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine" data-cke-saved-href="https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine">Matt Levine</a> for the long view.
 Subscribe to the Bloomberg Crypto Newsletter at <a href="https://bloom.bg/cryptonewsletter" data-cke-saved-href="https://bloom.bg/cryptonewsletter">https://bloom.bg/cryptonewsletter</a>  This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Bloomberg Crypto

Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. Bloomberg journalists will help cut through all the noise and provide clarity, context and authority.

In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. Bloomberg journalists will help cut through all the noise and provide clarity, context and authority. In this daily podcast, Bloomberg’s reporting team teases out what’s actually important in the crypto conversation. Led by crypto editor stacy-marie ishmael, the show draws on reporters and editors around the world and credible voices from across the industry. Episodes cover everything from regulation to NFTs to DeFi to the environmental considerations surrounding an asset class shaping the future of finance.

Matt Levine Weighs In on the Post-FTX Crypto Ecosystem

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/85a61eb8-7855-4274-9e2c-af4f0187cf6b/transcript

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