F0108: The FTX Debacle - Market Mayhem, FTX Files for Bankruptcy, Contagion Spreads, BlockFi Halts Withdrawals.
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The FTX debacle – how the second largest crypto exchange in the world collapsed in 3 daysWhat can we learn from CEOs and billionaires? Should we trust them completely?How do we as investors avoid a crisis like this?Is the contagion over? Has Bitcoin bottomed?Where is the safest place to store your crypto? Is storing it in a cold wallet really safe?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Join our journey towards financial literacy and be a wiser investor today: https://www.patreon.com/TheFuturizts Find us at: https://linktr.ee/thefuturizts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Faz is CEO of MX Global, a cryptocurrency exchange licensed by the Securities Commission of Malaysia, which is invested in by Binance to bring compliant-first crypto products to the regulated market. With his Venture Capitalist roots and most recent stint as Chief Strategy Officer of Malaysia Digital Economy Corporation (MDEC), Faz advocates for policies to support the national adoption of blockchain technology and the commercialisation of web3 services. Faz’s socials: https://twitter.com/dfadzlishah ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Apart from being the advisor of The Futurizts, Mr. Sani Hamid is currently a Director (Economy & Market Strategy) in Financial Alliance. He also heads the Financial Alliance Islamic Wealth Advisory (FAiWA) division within Financial Alliance. Sani has nearly 30 years of experience in the financial markets, having worked for companies such as S&P MMS where he led a team of analysts covering Emerging Asian economies; BNP Paribas Peregrine as a senior economist; and S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia and Singapore. Sani is a Certified Financial Planner (CFP) and has a Certificate in Islamic Banking & Finance from the International Islamic University of Malaysia. Mr. Sani’s socials: https://twitter.com/sanihamid ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The opinions of this podcast are solely that of the publisher.
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