November 17, 2022· 52 min

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Orality
Model
50%

Speaker Breakdown

HostTracy Alloway(1,385 words)
M:28%
HostJoe Weisenthal(1,410 words)
M:29%
GuestEvgeny Gaevoy(3,473 words)
M:28%

Oral Indicators

Agonistic69%
obviously, very, massive
Engagement58%
you, our, your
Memory Aids100%
listen, now, right
Repetition100%
like (131x), they (113x), it's (75x)
Parallelism93%
And I'm Joe Weisenthal...., So the last time we interviewe..., And it was during that convers...
Sound Patterns59%
62 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases8%
the fact of the matter, you know what, i mean

Literate Indicators

Hedging9%
arguably, fairly, probably
Passive Voice8%
were joined, are seen, been written
Abstract Nouns16%
investment, conversation, business
Subordination10%
because, nonetheless, since
Sentence Length45%
Avg: 16.3 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers3%
according to
Impersonal Style42%
610 personal pronouns found
Descriptive Style100%
obviously, really, frequently

Description

The collapse of the Sam Bankman-Fried empire is gigantic, sprawling and fast moving. While details are still coming out, it already ranks among the most prominent corporate disasters of all time and has left the entire crypto community reeling. To better understand the role that FTX played in the industry and how the exchange started to unravel, we speak with two guests on this episode. First, we have Evgeny Gaevoy, the founder and CEO of the crypto market-making firm Wintermute, to explain how he used the FTX platform and how he understood its relationship with SBF's trading firm, Alameda Research. Then we speak with independent researcher James Block, author of the Dirty Bubble Media newsletter, and one of the first observers to blow the whistle on the FTX disaster. Stay tuned. On Friday, we'll have a special follow-up interview with Bloomberg Opinion's Matt Levine, who also appeared with Sam Bankman-Fried on the now-infamous “yield farming” episode of Odd Lots in April 2022. See omnystudio.com/listener for privacy information.