Episode of My First Million with Sam Parr and Shaan Puri.
Topics
- Introduction: The FTX Collapse and SBF Prison Predictions
- The Rise and Fall of FTX: From $32 Billion to Bankruptcy
- The Bank Run and the $10 Billion Liquidity Crisis
- Citizen Journalism and the ‘Autism Capital’ Twitter Saga
- Alameda Research: The Arbitrage Legend and Early Red Flags
- The Conflict of Interest: ‘Kissing Cousins’ and FTT Collateral
- Elon Musk’s ‘BS Meter’ and the SBF Twitter Text Leaks
- The Death of Trust in Fintech and Moving Away from Robinhood
- Self-Custody vs. Exchanges: The ‘AirPods’ Analogy
- Historical Context: Mt. Gox, QuadrigaCX, and the Milk Road
- Legal Consequences: SBF’s Parents and Prison Predictions
- The Future of Crypto: Predictions for Bitcoin, ETH, and Web3