Bloomberg’s managing editor Stacy-Marie Ishmael and Odd Lots’ co-host Joe Weisenthal join forces to unravel the latest fallout in crypto.
(Bloomberg) — Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.Have you heard the one about “the box”?
In April 2022, long before Sam-Bankman Fried was tweeting rambling threads about the collapse of his FTX empire, he joined the Bloomberg Odd Lots podcast and talked about “the box.” It was his metaphor for describing the crypto practice of “yield farming”, and his description at the time raised many eyebrows because it seemed, well, too good to be true.Joining this episode is Joe Weisenthal, co-host of the Odd Lots podcast, who at the time ended that episode with the deeply relatable comment, “we all feel weird.”
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter
This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler.
Sound Design/Engineer: Desta Wondirad
More stories like this are available on bloomberg.com
©2022 Bloomberg L.P.
