Jake Claver
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Appearances Over Time
Podcast Appearances
Yeah, it would have been $151 billion.
Yeah, all the Samana they had, they had some other coins that went up like crazy.
Yeah, I mean, they had Anthropic and a bunch of other stock positions or, you know, I just.
I had never met Sam before he went to prison.
Oh, you met him after?
No, no.
Didn't meet him after either.
But, you know, I don't know.
I think there's been a lot of players in the space that have –
I don't think they were even necessarily malicious.
I think that there just wasn't any oversight and they got a little over their skis.
And then when there's liquidity issues in certain part of the market and they have stuff deployed there, they have losses.
And then when there's a bank run, this is an interesting statistic.
FTX actually had more collateral than most banks have.
Really?
Yeah.
Yeah.
They weren't leveraged 10 to 1 like most banks are.
Wow.
So for them to go under, you know, CZ, I think, kind of helped orchestrate that.