Beyond Insights

FTX: Fake Books, Real Fraud, and a Mysterious Hack


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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




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