Edit 2022-12-12: this article was written immediately after the first news of FTX’s insolvency. Today, the facts about FTX look much worse than what was known at the time of writing. My view on FTX today is much closer to “multi-year orchestrated fraud” than what I wrote below with only a fraction of the information.
#2: The Smartest Guys in the Room
#2: The Smartest Guys in the Room
#2: The Smartest Guys in the Room
Edit 2022-12-12: this article was written immediately after the first news of FTX’s insolvency. Today, the facts about FTX look much worse than what was known at the time of writing. My view on FTX today is much closer to “multi-year orchestrated fraud” than what I wrote below with only a fraction of the information.