Collapsed cryptocurrency exchange whose founder Sam Bankman-Fried used customer funds for investments now worth $114B.
“I think the Supreme Court is going to take the case and overturn it narrowly... This is an eighth amendment issue. You can't find somebody $12 billion”
Source→“The sort of assault was happening in America, um, you know, against American companies, primarily the, you know, overseas companies by and large, you know, ran in whatever way their local jurisdiction allowed. And that culminated in the catastrophe of FTX, right. You know, stealing, you know, just outright stealing customer funds.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.