Adam Cochran, partner at Cinneamhain Ventures, talks about the collapses suffered during this year, their impacts on big traditional finance players, and what’s coming in the crypto markets in the near future.
Show highlights:
whether Sam Bankman-Fried lied during his interview at the Deal Book Summit
why SBF kept the number of FTX's engineers at such a low number
why Adam is optimistic about Genesis and DCG
what options Genesis have to raise liquidity
the significance of a potential meltdown of DCG in the crypto industry
why Adam is worried about Grayscale Bitcoin Trust (GBTC)
what lessons can be learned from this crypto winter
Adam's prognosis for crypto lending and for the crypto markets in general
the impact of the bankruptcy of BlockFi and all the other centralized lenders
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Adam:
Twitter
Thread on community buyout
Previous Unchained episodes:
Why 3AC’s Collapse Could Spell the Start of a Crypto Credit Crunch
Episode Links
BlockFi:
Unchained: Crypto Lender BlockFi Files for Bankruptcy as FTX’s Contagion Effects Continue
Decrypt: FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing
Genesis:
Bloomberg: Genesis Creditors Seek Options to Keep Crypto Brokerage Out of Bankruptcy
Semafor: Online news site CoinDesk attracts suitors amid crypto crash
Unchained:
Genesis Warns of Bankruptcy If Funding Plans Fail: Report
On-chain Analysts ID 432 GBTC Addresses After Grayscale Says No to Proof-of-Reserves
WSJ: Crypto Lender Genesis Asks Binance and Apollo for Cash
Decrypt: Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M
The Block: DCG CEO Barry Silbert updates shareholders, says company will emerge 'stronger'
Previous coverage of Unchained on Genesis:
Why Genesis Could Very Well Be Insolvent, Not Just Illiquid
‘The Last Big Whale’: Why the Crypto Contagion of 2022 Eventually Hit Genesis
FTX:
Unchained: FTX Bankruptcy Overseer Says Company’s Collapse Is Worst He’s Ever Seen
Previous coverage of Unchained on FTX:
Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion
Is the Collapse of Crypto Lending Over, or Is It Just Starting?
Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?
The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater
Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets
The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?
Sam Bankman-Fried on How to Prevent the Next Terra and 3AC
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