James Keys and Tunde Ogunlana react to the FTX collapse and consider how what led to this point may have been less about crypto and currency and more about humans and currency (01:29). The guys also to discuss this Live Nation/Ticketmaster anti-trust controversy that has apparently been brought to a head by people being upset at the failed roll out of Taylor Swift tour tickets (36:06).
Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX (Reuters)
How Sam Bankman-Fried’s Crypto Empire Collapsed (NY Times)
Collapsed FTX owes nearly $3.1 billion to top 50 creditors (CNN)
Before his epic fall, Sam Bankman-Fried was hailed as a crypto genius. Some clients saw smoke and mirrors. (NBC News)
FTX investors fear they lost everything, and wonder if there’s anything they can do (NPR)
Taylor Swift’s Ticketmaster meltdown: What happened? Who’s to blame? (WaPo)
Swifties know: the Ticketmaster fiasco shows America has a monopoly problem (The Guardian)
Justice Department Opens Investigation Into Live Nation Over Monopoly Concerns (Rolling Stone)