Ex-Employee Exposes $30B FTX Collapse | Adi Baradwaj | EP34

Omar ⁠⁠⁠⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@omarwasm)⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Vishal ⁠⁠⁠⁠⁠⁠⁠⁠⁠(@vishalkolr)⁠⁠⁠⁠⁠⁠⁠⁠⁠ sit down with Adi Baradwaj (@aditya_baradwaj), ex-employee at Alameda Research, to talk about what went down at FTX, how he had his life savings stolen, his lavish life in The Bahamas, the red flags, the day of the collapse, the aftermath, his new company, and more insider info... The Dock is a Founders, Inc. show. Learn more about Founders, Inc. at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://f.inc⁠⁠⁠⁠⁠⁠⁠⁠⁠ Links: · ⁠⁠⁠⁠⁠⁠Adi's Twitter⁠⁠⁠⁠⁠ · ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Dock⁠⁠⁠⁠⁠⁠⁠⁠⁠ Timestamps: 0:00 - Intro 2:22 - Adi's Backstory 3:56 - Why Tell The Story Now? 5:38 - Getting A Job At Alameda 8:27 - Alameda vs. FTX 10:07 - Relocating To The Bahamas 12:03 - SBF's Unique Personality 16:08 - The Red Flags 20:01 - Fat Fingering A Trade 22:23 - What Caused The Collapse? 32:14 - The Day Of The Collapse 38:43 - The Aftermath 44:49 - What He Lost 47:58 - Is Crypto Dead? 48:43 - His New Company 52:37 - Why This Doesn't Happen In TradFi 55:00 - Learning from the Collapse 1:03:17 - Crypto Needs Role Models 1:07:12 - Reading Tweets