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Ep. 65: FTX
We'll be honest with you guys, we don't know much about crypto. McGill invested in Dogecoin awhile back, but then some clown went on SNL and ruined everything. One thing we do know is you can't use investors money to fund a "separate" failing company. Apparently Sam Bankman-Fried and his goofy ex-girlfriend weren't aware of that. If you take one look at these two you probably wouldn't think this story involves billions of dollars, sex, drugs, and the Bahamas. Believe it or not you'd be wrong.
Do you think they set out to scam everyone from the beginning? Or was this simply a situation that got WAY out of hand and they were doing whatever they could to get back on track? Let's find out together.