← Back to All Episodes"I’m in the Ponzi Business" — Part 1
Justin Weitz and Donna Redel
Donna Redel (former Managing Director of the World Economic Forum) and Justin Weitz (partner at the law firm Morgan Lewis) joins Ron Steslow to discuss the downfall of FTX and Sam Bankman-Fried.
(03:20) Differences among types of crypto
(06:16) How crypto is viewed by federal law enforcement
(08:20) Misconceptions about whether and how Bitcoin can be tracked
(13:30) Where FTX sat in the industry landscape before it fell apart
(17:15) Crypto farming and the" black box" interview
(29:35) What makes fraud fraud
(32:38) What led to the collapse of FTX