Crypto Feels the Wrath of FTX’s Demise Through Bankruptcies (Podcast)

Janet Babin, Bloomberg News

The FTX Cryptocurrency Derivatives Exchange logo on a digital device arranged in Riga, Latvia, Nov. 24, 2022. The implosion of Sam Bankman-Fried’s FTX empire dealt a harsh blow to the Bahamas’ ambitions to be a hub for the crypto industry, and it’s causing massive pain for locals who treated the now-bankrupt exchange like a bank. Photographer: Andrey Rudakov/Bloomberg , Bloomberg

(Bloomberg) -- Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

A look into the disorganized bankruptcy filing of FTX’s crypto empire with Bloomberg reporter Jeremy Hill. We review why we don’t know the identity of FTX’s top 50 creditors and whether we’re likely to find out. The discussion also considers what other companies could suffer by their association with former FTX CEO Sam Bankman-Fried and his now bankrupt companies.

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.

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Crypto Feels the Wrath of FTX’s Demise Through Bankruptcies (Podcast)

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