{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"Former FTX executive explains what everyone doesn't understand about the exchange's meltdown","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/8a422cfa\"></iframe>","width":"100%","height":180,"duration":2125,"description":"Zane Tackett is the former head of institutional sales at FTX.\nIn this episode, Tackett recounts his experience working with Sam Bankman-Fried at FTX and explains how the exchange's terms of service blow a hole in SBF's criminal defense.\nAlthough SBF claims he is not guilty of fraud, Tackett says \"it's obvious that he knew what he was doing.\"\n\nOUTLINE:\n00:00 Introduction\n03:32 FTX's Business Model\n06:56 FTX's Balance Sheet\n10:06 Michael Lewis: Going Infinite\n11:14 The Real SBF\n16:02 FTX 2.0\n17:14 FTX Estate Asset Recovery\n17:50 FTX Hacked Funds\n19:06 Crypto’s Capital Markets\n20:54 CeFi vs. DeFI\n23:07 Effective Altruism\n26:04 SBF Trial\n32:57 Closing Thoughts","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}