What do you know about the FTX Scandal? Perhaps you've heard bits and pieces about the recent court case, the eccentric founder, Sam Bankman Fried. Did you know that around the same time everything came crashing down, FTX was hacked?
In this episode, we speak to Byron Cowie, Head of Finance at the blockchain analytics and crypto compliance solution Elliptic, about what went wrong with FTX and what businesses can learn from this bizarre and catastrophic story.
As promised, here are some resources for further reading and deep dives:
Bybit related
https://www.elliptic.co/blog/bybit-hack-largest-in-history
https://www.elliptic.co/bybit-exploit-blocklist
https://unchainedcrypto.com/podcast/how-the-1-5-billion-bybit-hack-could-have-been-prevented/
FTX related
https://unchainedcrypto.com/ftxs-ryan-salame-is-going-to-prison-heres-what-he-has-to-say/
https://www.amazon.co.uk/Going-Infinite-Rise-Fall-Tycoon-ebook/dp/B0C5DNW987
https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet
https://www.elliptic.co/blog/the-477-million-ftx-hack-following-the-blockchain-trail