Adam Cochran on Why Crypto Prices Will Be Down Bad for the Next Six Months - Ep. 427

Published: Dec. 2, 2022, 8:30 a.m.

Adam Cochran, partner at Cinneamhain Ventures, talks about the collapses suffered during this year, their impacts on big traditional finance players, and what\u2019s coming in the crypto markets in the near future.\xa0\n\nShow highlights:\n\nwhether Sam Bankman-Fried lied during his interview at the Deal Book Summit\n\nwhy SBF kept the number of FTX's engineers at such a low number\n\nwhy Adam is optimistic about Genesis and DCG\n\nwhat options Genesis have to raise liquidity\n\nthe significance of a potential meltdown of DCG in the crypto industry\n\nwhy Adam is worried about Grayscale Bitcoin Trust (GBTC)\n\nwhat lessons can be learned from this crypto winter\n\nAdam's prognosis for crypto lending and for the crypto markets in general\n\nthe impact of the bankruptcy of BlockFi and all the other centralized lenders\n\n\nTake Unchained's 2022 survey!\xa0\xa0\nUnchained is doing its annual survey. Tell us how you think we\u2019re doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!\xa0\nThank you to our sponsors!Crypto.com\n\n\nAdam:\n\nTwitter\n\nThread on community buyout\n\nPrevious Unchained episodes:\n\nWhy 3AC\u2019s Collapse Could Spell the Start of a Crypto Credit Crunch\n\n\n\nEpisode Links\n\n\nBlockFi:\xa0\n\nUnchained: Crypto Lender BlockFi Files for Bankruptcy as FTX\u2019s Contagion Effects Continue\n\n\nDecrypt: FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing\n\n\n\n\nGenesis:\n\nBloomberg: Genesis Creditors Seek Options to Keep Crypto Brokerage Out of Bankruptcy\n\n\nSemafor: Online news site CoinDesk attracts suitors amid crypto crash\n\n\nUnchained:\xa0\n\nGenesis Warns of Bankruptcy If Funding Plans Fail: Report\n\nOn-chain Analysts ID 432 GBTC Addresses After Grayscale Says No to Proof-of-Reserves\n\nWSJ: Crypto Lender Genesis Asks Binance and Apollo for Cash\n\n\nDecrypt: Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M\n\n\nThe Block: DCG CEO Barry Silbert updates shareholders, says company will emerge 'stronger'\n\n\nPrevious coverage of Unchained on Genesis:\n\nWhy Genesis Could Very Well Be Insolvent, Not Just Illiquid\n\n\u2018The Last Big Whale\u2019: Why the Crypto Contagion of 2022 Eventually Hit Genesis\n\n\nFTX:\nUnchained: FTX Bankruptcy Overseer Says Company\u2019s Collapse Is Worst He\u2019s Ever Seen\n\n\n\nPrevious coverage of Unchained on FTX:\n\nJesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion\n\nIs the Collapse of Crypto Lending Over, or Is It Just Starting?\n\nDid the Bahamian Government Direct SBF and Gary Wang to Hack FTX?\n\nThe Chopping Block: Why Lenders Didn\u2019t Liquidate Alameda When It Was Underwater\xa0\n\nErik Voorhees and Cobie on Why FTX Loaned Out Customers\u2019 Assets\n\nThe Chopping Block: FTX: The Biggest Collapse in the History of Crypto?\n\nSam Bankman-Fried on How to Prevent the Next Terra and 3AC\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices