FTX is liquidated
Вставка
- Опубліковано 22 лип 2024
- In this episode of UpOnly, Cobie & Ledger talk the rapid downfall of FTX and acquisition announcement by Binance. We're joined by the CEO of Wintermute, Jim Talbot, Gainzy, Do Kwon, and Martin Shkreli.
00:00 - Intro
02:40 - FTX and FTT blowup / Alameda
18:00 - Insolvency / How could this have happened? / FTT as Collateral
29:30 - Evgeny Gaevoy joins / How intertwined were FTX and Alameda?
34:40 - Jim Talbot joins / More Speculation
46:20 - How does this keep happening? / How big is the liquidity shortfall?
54:00 - Could a new player emerge? / Sam Trabucco
59:15 - Solana / Can FTX come out of this? / Jim’s trades
1:12:20 - Do Kwon joins / LUNA collapse and aftermath
1:37:10 - Martin Shkreli joins, and shares his thoughts
1:44:50 - Was FTX using customer funds? / Potential legal ramifications for SBF
1:54:35 - Coordinated prosecutions / Legal fallout
1:59:40 - Ethics in Investing / Where is the ethical boundary?
2:06:13 - Who else could be impacted? / Lenders and Investors
2:10:00 - Gainzy joins / Catalyzing the bank run
2:27:40 - FTX Audit / Proof of Reserves / Borrowing Money / Jim Cramer
1:37:44 is undoubtedly one of the crypto moments of all time
such a moment hahaha
Good to see you here
Do looked sheepish and flushed as hell. Epic line from Martin 🤌🏽💎🙏
lol. fun.
Easily the best UpOnly of all time. 25K Viewing live, what a pod.
When a guy sentenced to 7 years in prison for fraud is your guest of the hour!!
how do you think he was able to commit fraud? he's a social chameleon
Yep, including that P.O.S. only reinforces the stereotypical "Crypto Bro" image ... expect no sympathy from the public.
Now do Kwon is the lifer , Martin dree
He's a good hooman
This is the best podcast of all time, get more criminals on!
Criminals Only ⬆️
lol 😂
at least he pays his investors back. Unlike everyone in crypto - Like FTX\
@@97Giorgos97 😅😅
@@austJW what about consumers?
this has to be the greatest historical moment! Do Kwon, Martin Shkreli??? :D LOL insane!
Proudly market participant that survived TERRA $LUNA crash + FTX/FTT/ALAMEDA market crash, thank you guys for the shows it's being amazing ride.
We are the class post 21 Bull Market. We are graduating rn
i sincerely hope ledger never figures out how to pod professionally. its always so funny. you guys are awesome. enjoy the dumptruckin
What do you mean it's just sitting and talking
Legends, huge thanks to all the guests that showed up to this one. Amazing
FTX, Celsius, Voyager, BlockFi (saved) + Luna
WHAT A YEAR
Good on Jim for telling it like it is
Still Can’t believe that podcast happened 😂
So thankful for Uponly. One of the best of all time!
Proud to have witnessed this live
This is not just the first up only show I ever watched, it has to be the best one too.
This is the podcast of the year
"jail's not that bad."
"...good to know."
EPIC levels of podcasting right here 😂🤣😂
hands down best episode ever
Full props to Do for hanging in and taking his lumps.
How does ledger not get any quicker at rearranging the screen
Always slow
This is an amazing episode
cobie every time he realizes they're dunking on do kwon in real time
I wonder how long it takes Do to come up with each "new" version of events?
what a show thanks!!!
This is the best thing Ive ever seen!
hey, just wondering when you guys are going to talk about how Human Initiated Contact and finance/crypto as a whole intersect and what that will look like.
What a mess! Thanks guys!
1:35:55 Martin says "the protocols themselves are still working" lol no offence Kwon
Shoutout Jim for keeping it real
1:13:28 Another moment for the crypto history books. Cobie: "So, Do...I hear you are you on the run, traveling countries illegaly or just chilling?" Do: "Yea... I'm on the run."
he said he wasnt
This pod is on my monthly rewatch list and it never dissapoints ❤
What the hell happened to them? Are they being sued for the FTX promos?
@@ConsensusX they won and retired from life after this pod
@@1312Mork2 Geez. I miss listening to this while working. Especially with Meltem.
1:28:30 - Do is a bit sociopathic - way to stare it right in the face haha epic my bros
One of the best episodes ever, but at what cost?
Best show ever
Ledeger... you are the best. My favourite YT cubist
Best episode ever
This will go down as the maddest year of all of crypto
love the pod
Legendary stream
This is about as epic as it gets. 😮😮😮
Legendary episode
so will no one get withdrawals?
we are not letting it slide how CEO of Wintermute said "he is just like me" without anyone but me cracking up... that is illegally funny and criminally underacknowledged
timestamp?
Best episode ever...
This podcast went from a finance podcast to a True Crime podcast lmaooo
Beautiful
This clip will go down in the crypto history
Up only is one of my favourite things in the world
Legendary video right here
Thanks that was great.
1:19:04 "I'm not even much of an investor" *troll face* - Do Kwon
Straight up classic epi
best show eveerrrrrrr
abra will be a good option for USA once its market service upgrade is rolled out in the next couple of weeks
Thank you, entertaining video, I just wish I had a drink too
watching this live hit diff
Perfection 👏👏👏
1:46:00 and doh kwon just sat there being like, Imma stay quiet
Lol
Gonna take a lot to top this one.
Self custody is becoming more realistic than I ever thought it would be. What's so complex about hedging off an insurance fund no-go area for financial crisis.
Question mark🤨
legendary
Epic is the word!
cheers
Do: "I've been reflecting a lot..."
Cobie: "If you got to go back, would you cool it with the bravado and shenanigans?"
Do: (long pause) "Hmm...."
Ok so not THAT much reflecting...
Where's the audio lads?
OMG Martin Shkreli is back, the GOAT
Gnarly line up.
This is insane(ly good)
legendary stream
Amazing
Two of these guys just sit there and smile lol. Say something
this show is going down in history
Perfect example of people accepting money no matter where it comes
The Wintermute guy and Jim's faces when Kwon joined reflects everyone who lost funds on Terra
How does this only have 42k views??
$LUNA 1.0 should have had a total mint cap. One hit, $UST would break, but $LUNA 1.0 would still be worth around $50 at least
Cobie's words is solid!! LOL "this is such a bad idea" LOLOL
Legendary.
Free my boy!
Holy crap!!!!!!
Jim was roasting the shit out of Do Kwon lmaoooooo
Check out Algorand and the dexes they have available
my comment for FTT at 0.01 is on track
FINALLY
greatest title ever
This is the most insane episode of anything I have ever seen in my entire life...fiction or reality
"JAIL IS NOT THAT BAD" died
This should be called the criminals podcast
Do Kwon 'well, yeah. I'm kinda. On the run.' and everyone starts laughing
One for the history books
They needed a billion or three
Code / protocols are anti-fragile systems.
Exploiting blockchains / APIs makes them stronger in the long term because the flaws that are exploited get fixed, and losing money makes developers more diligent generally.
So there's a clear benefit.
That was friggin Epic.
Was such a nice podcast, and then Do Kwan really joined in ;) .................................., couldn't stop laughing.......staring into the nothingness, and only after way too many seconds, snapping out of the moment, correcting the before unnoticed facial muscle anomalies........ giggling.....about the state of the world ____The Clown-World___
Wut 2 streams in one day?
It seems nobody read the first bullet point that Loaded kept the BTC in the underfloor safe also... and again, was listed first... which mostly likely means that's where the majority of the BTC was....like a food label. There was probably scraps on the pc in the closet.
This is going down in history.
1:06 Ledgers comment 🤣
It's the end times boyz. Stay safe out there everyone. 🙏
Legendary livestream
Top 5 moment in internet history 1:37:45
Love kucoin actually but why would u not be comfy on binance
lmaooo they dunked on do kwon and he just laughed at the jokes