The Chopping Block: Will Genesis Creditors Be Made Whole? - Ep. 447

Published: Jan. 25, 2023, 8:30 a.m.

Welcome to \u201cThe Chopping Block!\u201d \u2013 where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they covered:\n\nwhy the markets were up so much recently\n\nhow and why Genesis entered into bankruptcy\n\nwhy the hole in DCG's financials are potentially much bigger than previously reported\n\nthe differences between the bankruptcies of FTX and Genesis\n\nwhether 3AC founders Su Zhu and Kyle Davies will find success with their new exchange\n\nwhat will happen to GTBC now that a huge portion has already been liquidated\n\nwhether Tarun is predicting "the start of a new supercycle"\n\nthe large percentage of vested SOL held by the FTX estate\n\nhow SBF is still trying to win the public\xa0\n\n\nHosts\n\n\nHaseeb Qureshi, managing partner at Dragonfly Capital\n\n\nTarun Chitra, managing partner at Robot Ventures\n\n\nRobert Leshner, founder of Compound\xa0\n\n\nTom Schmidt, general partner at Dragonfly Capital\n\n\n\nLinks\n\nDisclosures\n\nGenesis:\xa0\n\n\nBloomberg: FTX Bankruptcy Judge Backs Company Law Firm, Rejects Last Minute \u2018Rumors\u2019\n\n\nCoinDesk:\xa0\n\nCrypto Lender Genesis Global Capital Is FTX's Largest Unsecured Creditor\n\nCrypto Trading Firm Cumberland DRW Disputes Genesis Exposure\n\nCNBC:\xa0\n\nCrypto firms Genesis and Gemini charged by SEC with selling unregistered securities\n\nCrypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG\n\nUnchained:\xa0\n\nIs Genesis\u2019s Prepackaged Bankruptcy The Ultimate Sacrifice?\xa0\n\nGemini Ends Its Earn Program and Calls for Barry Silbert\u2019s Ouster\n\nDCG Under Investigation by DOJ and SEC: Report\n\nGenesis CEO Says Firm Needs More Time to Find a Solution\n\n\n\nFTX:\n\n\nUnchained:\xa0\n\nSBF Says Excel Spreadsheet Proves FTX US Is Solvent\n\n\nWSJ: New FTX Chief Says Crypto Exchange Could Restart\n\n\nThe Block: FTX debtors identify $5.5 billion of liquid assets in \u2019Herculean effort\u2019\n\n\n\n3AC/GTX:\xa0\n\nUnchained: 3AC Founders Are Raising $25M for \u2018GTX\u2019\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices