Weekly Roundup 12/08/22 (FTX’s Venture Portfolio, SBF’s mining investment, BlockFi retrospective) (EP.380)

Matt and Nic return for another episode of news and deals. In this episode: 

  • Brink Nation’s surprising fan club in Bali
  • We investigate FTX’s leaked private equity portfolio
  • FTX employees were raising LP money for funds from FTX
  • Why was FTX acting as a fund of funds?
  • What is modulo capital
  • The Michael Lewis – IEX – FTX troika
  • Why did FTX invest $1b+ in Genesis Digital Assets?
  • SBF’s possible incentive to invest heavily in a BTC miner
  • How FTX’s mining investment disadvantaged other BTC miners
  • Who has the size to buy up FTX’s private equity portfolio?
  • Sam and Caroline secure high powered attorneys
  • The Boston Globe’s Caroline Ellison article
  • We correct the record on BlockFi
  • Restating the core issues with 3AC
  • Democrats are criticizing Gensler for his inaction on FTX
  • What’s the deal with Sam’s subpoena?
  • What’s the deal with the Coindesk most influential
  • Does PoS make Ethereum a security?
  • What’s the deal with the Castle Island merch store?

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Check out this episode!