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crypto exchange

also referred to as: crypto exchanges

2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Dec 15, 2021 by Sam Bankman-Fried · across every show →

Everything said about crypto exchange, oldest first

Dec 15, 2021 negative
Assertion Partly supported
Bankman-Fried: Incumbent exchanges clawed back 17% of winning traders' weekly profits
“So each week they would email the customers and be like, congrats. You got 83% of your P&L this week. The other 17% went to bail out people who were underwater. And that was just happening every week.”
Sam Bankman-Fried Dec 15, 2021 ▶ 37:16 FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired
Dec 15, 2021 neutral
Opinion
Bankman-Fried: Becoming the second largest crypto exchange would be a 'C' grade
“I think the plausible C is we just kind of don't really grow, you know, like you kind of look back at us like, you know, in a year and you're like, where is F, or in five years, you know, where is FTX now? And the answer is like, you know, they're like, you kn…”
Sam Bankman-Fried Dec 15, 2021 ▶ 1:40:33 FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired
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