Travis Kling is the Founder & Chief Investment Officer of Ikigai Asset Management — a crypto asset management startup that had a 'large majority' of its assets stuck on FTX when the exchange declared for bankruptcy last year.
In this episode, on the eve of former FTX boss Sam Bankman Fried's criminal trial, Kling recounts his story since last November when FTX imploded and explains why he remains optimistic about the potential for recovery.
OUTLINE:
00:56 - Introduction
03:01 - Ikigai’s $65 Million FTX Disaster
05:10 - FTX Estate’s Balance Sheet
08:01 - FTX 2.0
12:01 - Problems with Binance
15:41 - Rebuilding Trust with Exchanges
18:03 - SBF Trial
19:14 - Closing Thoughts
Travis Kling is the Founder & Chief Investment Officer of Ikigai Asset Management — a crypto asset management startup that had a 'large majority' of its assets stuck on FTX when the exchange declared for bankruptcy last year.
In this episode, on the eve of former FTX boss Sam Bankman Fried's criminal trial, Kling recounts his story since last November when FTX imploded and explains why he remains optimistic about the potential for recovery.
OUTLINE:
00:56 - Introduction
03:01 - Ikigai’s $65 Million FTX Disaster
05:10 - FTX Estate’s Balance Sheet
08:01 - FTX 2.0
12:01 - Problems with Binance
15:41 - Rebuilding Trust with Exchanges
18:03 - SBF Trial
19:14 - Closing Thoughts
Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.