Make Me Smart

The FTX meltdown is a cautionary tale


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FTX customers fear they’ll never get their money back from the bankrupt cryptocurrency exchange. They’re not wrong to worry. Could this further erode consumers’ trust in the financial system? Plus, mourners are grieving the victims of a deadly mass shooting at an LGBTQ nightclub in Colorado Springs, Colorado. Meanwhile, in Qatar, anti-LGBTQ rules are already being tested at the 2022 World Cup. Then, Kimberly makes us smile with a story about ice-skating and perseverance.

Here’s everything we talked about today:

  • “FTX Crypto Customers Worry They Will Never See Their Money Again” from The Wall Street Journal
      • “Charities funded by Sam Bankman-Fried may be asked to return donations: ‘I had assumed FTX to be a reputable company'” from MarketWatch
          • “American journalist detained at World Cup” from News.com.au
              • “Seven European World Cup captains ditch One Love arm band under FIFA pressure” from Reuters
                  • “GLAAD CEO blasts anti-LGBTQ pols, social media companies after Club Q shooting” from ABC News
                      • “Interfaith church gathers to remember Club Q victims and raise awareness of anti-trans violence” from Colorado Public Radio
                          • “In a First, Rich Countries Agree to Pay for Climate Damages in Poor Nations” from The New York Times
                              • “COP27 climate talks: what succeeded, what failed and what’s next” from Nature
                                  • “Pink Rollerskates Into 2022 AMAs With Dazzling ‘Never Gonna Not Dance Again’ Opener” from Rolling Stone
                                  • We can’t do this show without you. Keep sending your comments and questions to [email protected] or leave a voice message at 508-U-B-SMART.

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