# The Collapse of FTX | 24 hours later

*Author: Ryan Sean Adams, David Hoffman*
*Published: Nov 9, 2022*
*Source: https://www.bankless.com/podcast/the-collapse-of-ftx-24-hours-later*

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As the dust settles, we cover everything that’s unfolded in the last 24 hours and how it’ll reshape crypto moving forward.

If you missed yesterday’s stream where we go over the timeline of how all this happened and got industry leaders Brian Armstrong, Erik Voorhees, & Ryan Selkis to share their thoughts—you can find it [here](https://youtu.be/LDtZyMcaaNY).

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### TIMESTAMPS & RESOURCES
0:00 Intro

5:05 The Recap 

https://twitter.com/wassielawyer/status/1590025892994371584 

https://twitter.com/RyanSAdams/status/1590150120250966016 

14:37 Our Mood

25:00 The Story Continued

https://twitter.com/cz_binance/status/1590351182513729544

29:50 SBF Deleting Tweets

https://twitter.com/ledgerstatus/status/1590115753331937281 

31:27 Ooof

https://twitter.com/ercwl/status/1590165313190260737

https://twitter.com/Snowden/status/1590319361863995394 

33:35 SBF Letter to Investors

https://twitter.com/WClementeIII/status/1590107340317294593 

35:20 UPDATE

https://www.coindesk.com/business/2022/11/09/binance-is-strongly-leaning-toward-scrapping-ftx-rescue-takeover-after-first-glance-at-books-source/

https://twitter.com/Blockworks_/status/1590441854960820224

37:35 US Probes FTX

https://www.bloomberg.com/news/articles/2022-11-09/us-probes-ftx-empire-over-handling-of-client-funds-and-lending

39:30 https://twitter.com/tier10k/status/1590444221525278721

https://twitter.com/tier10k/status/1590394410151251968 

https://twitter.com/depression2019/status/1590383943358218240 

43:26 Alameda Website Dead

https://twitter.com/WClementeIII/status/1590406041250181120 

https://12ft.io/proxy?q=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fbinance-is-said-to-be-likely-to-walk-away-from-deal-to-buy-ftx-11668020963

44:20 How This Happened?

https://twitter.com/LucasNuzzi/status/1590122590206824448 

1:02:00 Binance Tweets

https://twitter.com/binance/status/1590449161069268992

Onchain flows

https://www.coindesk.com/markets/2022/11/09/these-four-key-charts-shed-light-on-the-ftx-exchanges-spectacular-collapse/

https://twitter.com/LucasNuzzi/status/1590122590206824448

1:05:07 Convo Starter

https://twitter.com/crypto_condom/status/1590338735606231041

1:08:05 10% of Multicoin on FTX

https://twitter.com/TheBlock__/status/1590349978873913350

1:09:39 Galaxy Exposure to Alameda

https://www.theblock.co/post/184262/galaxy-digital-reveals-ftx-exposure-in-q3-earnings-report

1:10:00 FTX Investors

https://twitter.com/fintechfrank/status/1590145184020328448

1:10:46 Other Chains

https://twitter.com/dunleavy89/status/1590056663767449600

1:11:15 FTX.US is Okay

https://www.axios.com/2022/11/09/ftx-us-american-subsidiary-impact-liquidity-crunch

1:11:30 Emotions

https://twitter.com/0xfoobar/status/1590204552891899907

https://twitter.com/cobie/status/1590188580483497985

https://twitter.com/shaughnessy119/status/1590201528014753792

https://twitter.com/lawmaster/status/1590238771915935744

People Selling their FTX Balances

https://twitter.com/TensaiCapital/status/1590301595237224449 

SBF Down Bad ATH

https://twitter.com/econoar/status/1590130144815218689 

1:20:25 CZ Tweets

https://twitter.com/cz_binance/status/1590313459132305408 

1:22:00 Solana Unlocks

https://twitter.com/thedata_nerd/status/1590307325650182144

1:27:00 Coinbase Gud

https://twitter.com/ViktorBunin/status/1590064600178835457

1:27:16 The Meta Question 

https://twitter.com/BanklessHQ/status/1590341304172838913

1:27:30 What Happened & Closing Thoughts

1:34:05 Risks & Disclaimers

1:34:35 Leaving you with Larry David

https://twitter.com/LilMoonLambo/status/1590145235291893760
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