Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Ram Ahluwalia, CEO and co-founder of crypto-native investment advisor Lumida, and Samuel Andrew, crypto author and analyst, talk about the financial situation at Genesis and parent company Digital Currency Group (DCG). The collapse of FTX has dealt crypto lender Genesis another major blow, with the firm halting withdrawals and DCG stepping in to help. Now the two face a range of suboptimal outcomes in the face of massive debts. Ahluwalia and Andrew discuss what could come next, and what should be learned from the recent debacles.  Show highlights: why Genesis and DCG are so important for the crypto sector Ram's explanation of the "Grayscale trade" and why it is relevant to understand the current crisis the ghost of Three Arrows Capital and the origins of Genesis' problems why Sam thinks Genesis was "reckless" in its loan underwriting what a spot Bitcoin ETF would mean for Grayscale's revenue what options Genesis and DCG have to weather the storm whether it makes sense for Genesis to file for bankruptcy