Description:

Sometimes the biggest stories in crypto don’t collapse in months—they vanish in days. This episode breaks down how one leak, one bank run, and one legal decision reshaped everything.

We’ll talk about:

• How the Alameda–FTT leak triggered a $6B chain reaction
• Why FTX’s bankruptcy may have destroyed more value than it saved
• The “dollarization trap” that locked users out of the BTC and SOL rebound
• Whether FTX fell from SBF’s mistakes—or from a legal process that took over

Keywords: FTX, Sam Bankman-Fried, John J Ray III, Alameda Research, bankruptcy, crypto collapse, SOL, BTC, Sullivan and Cromwell