The bankruptcy of FTX is the third mine explosion accident in the encryption circle this year. Before that, there were UST-Luna zeroing, Three Arrows and Celsius explosions. Judging from the documents exposed by the media now, the complexity of FTX’s structure far exceeds that of Lehman Brothers back then. After this tumultuous week, SBF has triggered supervision and may face criminal charges.
The recording of our show was on the evening of November 9th, after Binance gave up the acquisition and before FTX declared bankruptcy, it was also the mos