Crypto feels anger over FTX’s demise through bankruptcies (Podcast)

By Judy J. Beasley Last updated Jan 1, 2023

The FTX Cryptocurrency Derivatives Exchange logo on a digital device laid out in Riga, Latvia on November 24, 2022. The implosion of Sam Bankman-Fried’s FTX empire has dealt a blow to the Bahamas’ ambitions to be a hub for the crypto industry, and it’s causing tremendous pain to the 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 at FTX’s crypto empire’s disorganized bankruptcy filing with Bloomberg reporter Jeremy Hill. We take a look at why we don’t know the identities of FTX’s top 50 creditors and if we’re likely to find out. The discussion also examines what other companies might suffer from their association with former FTX CEO Sam Bankman-Fried and his now bankrupt businesses.

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This podcast is produced by the Bloomberg Crypto Podcast Team: Supervising Producer: Vicki Vergolina, Lead Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer: Desta Wondirad.