FTX Just collapsed in spectacular fashion. Watch this follow up conversation with the guy who called It.
Veteran shortseller Marc Cohodes joins Hedgeye CEO Keith McCullough on Monday, November 14th at 11:30am ET.
A bit of backstory. Before the shit hit the fan, on 10/11/22, Cohodes joined McCullough on HedgeyeTV to warn investors about the shady behavior at FTX and specifically the bizarre background of its CEO Sam Bankman-Fried.
"Nothing here fits. Everything reads like it's a complete scam. This thing is dirty and rotten to the core," Cohodes said in that interview.
(**Watch that October 11th interview here.)
Since then, FTX (once among the world's largest cryptocurrency exchanges) has completely collapsed.
- The company filed for bankruptcy on Friday
- Removed Bankman-Fried as CEO and
- It was discovered FTX loaned $10 billion in customer deposits to Bankman-Fried's affiliated trading firm, Alameda Research (a move that set the stage for the exchange's implosion).
- The SEC and Department of Justice have opened investigations into the exchange
In other words: Tune-in and get your popcorn ready.
This is a follow-up webcast with the guy who called BS on FTX before it blew up. (If you haven't already, add this webcast to your calendar.)