FTX/Alameda dominance in the lending market and use of FTT collateral hinted at potential risks, says Karim Dandashy. He and David Akerman discuss fallout from the FTX bankruptcy on the crypto market. Karim notes that Binance selling FTT set up a death spiral last week. David talks about how last week's FTX news shocked the entire industry and that this will become a national security issues if left unchecked. They then go over what's ahead for crypto market after FTX collapse. They then go over how the FTX collapse could impact the markets beyond crypto. Finally, they go over what role crypto should play in a portfolio after the 2022 collapse. Tune in to find out more about the stock market today.
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