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இவரின், இவர் நிறுவனத்தின் பிரச்சனை - crypto exchange business இல் திருகுதாளம் செய்தது அல்லது ஒழுங்கு முறை தவறி நடத்தியது. இப்படியான திருகுதாளம், ஒழுங்கு முறை தவறுதல், கிரிப்டோ அல்லாத exchange இல் கூட நடக்கலாம். கிரிப்டோ ஆலோ அல்லது கிரிப்டோ இலோ பிரச்சனைகள் ஏற்படவில்லை. Terra Luna இல் நடந்தது கூட கிரிப்டோ ஆல் ஏற்படவில்லை. அது எந்த நாணயத்திலும் ஏற்பட்டு இருக்க கூடியது (பிரித்தானிய pounds க்கு 91 இல் நடந்தது போல)

கடன் வாங்கவதற்கு ஒப்பீடு என்று நினைக்கிறன் (முழுமையாக நேரம் எடுத்து பார்க்கவில்லை), இலகுவாக விளக்கம் கொடுக்க. ஆனால், வட்டி வீதம் ஏற்றம் பாதிக்குமா என்பது தனித்தனி ஒப்பந்தங்களை பொறுத்தது. ஏனெனில், இவை தனிப்பட்ட, over the counter instruments. நீங்கள் சொல்வது futures அல்லது forward swap ஐ பாவிப்பதற்கு ஓர் உதாரணம்.அனால், அப்படித் தான் எல்லாம் இருக்கும் என்று இல்லை. அனால் bis சொல்வது, பல வருட derivatives ஆகவும் இருக்கும். அனால் பிரச்சனை, அவர் சொல்வது போன்று ஓர் குறிப்பிட்ட காலத்தில் மிகவும் கூடிய தொகை செலுத்த வேண்டி வருகிறது. இது systemic ஆக மாறுமோ என்பதும், ஏனெனில், வலைப்பின்னலாக நிறுவனங்கள், வங்கிகள் தொடர்பு பட்டு இருக்கின்றன. ஏனெனில், கடன் கட்ட முடியாமல் roll over க்கு கடினமாக இருக்கலாம் வட்டி வீதம் கூடுவதால். (2008 யிலும் roll over க்கு குறுகிய காலா கடன் பெறமுடியாமல் சிறு பிரச்சனை ஆக தொடங்கியது; interbank lending உறைந்து விட்டது; ஒரு வங்கியை மற்ற வாங்கி நம்பாமல்; எதை ஒழிகிறார்கள் என்று சந்தேகித்து)

Sam Bankman-Fried, FTX’s founder, is arrested in the Bahamas TV star has new role: Crypto critic 03:46 Crypto.com buys Staples Center naming rights 03:27 Crypto: The future of money or the biggest scam? 03:23 Jamie Dimon blasts bitcoin as 'worthless' 01:52 FTX founder 'vaguely aware' of lending customer funds to hedge fund 02:13 Binance CEO: Regulation helps crypto credibility, but it's not 'a magical pill' 01:21 How common are Ponzi schemes in crypto? Crypto billionaire Sam Bankman-Fried weighs in 03:59 What crypto skeptics dunking on the crypto faithful are missing 02:15 Video: Bill Gates mocks Bored Ape NFT's 01:35 Here's why bitcoin's drop has investors worried 03:20 Stablecoins faltering amid crypto market volatility 03:23 A quarter of all the electricity in this county is powering Bitcoin mining 03:08 Bitcoin's carbon footprint is growing larger. Here's why. 02:34 Cryptocurrencies take Hollywood, sports and politics by storm 02:56 Sen. Brown on cryptocurrency: Fraud, scams and outright theft 02:35 DOJ seizes $3.6 billion tied to New York couple's bitcoin hack 01:40 TV star has new role: Crypto critic 03:46 Crypto.com buys Staples Center naming rights 03:27 Crypto: The future of money or the biggest scam? 03:23 Jamie Dimon blasts bitcoin as 'worthless' 01:52 FTX founder 'vaguely aware' of lending customer funds to hedge fund 02:13 Binance CEO: Regulation helps crypto credibility, but it's not 'a magical pill' 01:21 How common are Ponzi schemes in crypto? Crypto billionaire Sam Bankman-Fried weighs in 03:59 What crypto skeptics dunking on the crypto faithful are missing 02:15 New YorkCNN — Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas. The Southern District of New York, which is investigating Bankman-Fried and the collapse of FTX and its sister trading firm Alameda, confirmed his arrest on Twitter. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US government, based on a sealed indictment filed by the SDNY,” wrote US attorney Damian Williams. “We expect to move to unseal the indictment in the morning and will have more to say at that time.” Bankman-Fried, was arrested without incident at his apartment complex shortly after 6 pm ET Monday in Nassau, and is set to appear in court Tuesday, the Royal Bahamas Police Force said in a statement. A representative for Bankman-Fried’s legal team didn’t immediately respond to CNN’s request for comment. Shortly after the SDNY confirmed his arrest, the Securities and Exchange Commission said it had authorized separate charges relating to Bankman-Fried’s “violations of securities laws,” which will be filed publicly on Tuesday. It’s unclear what charges await Bankman-Fried, the 30-year-old crypto celebrity who became a pariah overnight last month as his company suffered a liquidity crisis and filed for bankruptcy, leaving at least a million depositors unable to access their funds. The New York Times, citing a person familiar with the matter, reported that the charges against Bankman-Fried included wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy and money laundering. The United States’ extradition treaty with the Bahamas allows US prosecutors to return defendants to American soil if the charges would be considered punishable by imprisonment of at least a year in both jurisdictions. In the four weeks since FTX filed for bankruptcy, Bankman-Fried has sought to cast himself as a somewhat hapless chief executive who got out over his skis, denying accusations that he defrauded FTX’s customers. “I didn’t knowingly commit fraud,” he told the BBC over the weekend. “I didn’t want any of this to happen. I was certainly not nearly as competent as I thought I was.” US lawmakers set to grill Sam Bankman-Fried on the collapse of FTX Bankman-Fried was scheduled Tuesday to appear virtually before the US House Financial Services Committee, which is demanding answers about how the company came crashing down, ricocheting throughout the digital asset ecosystem. Several crypto companies have halted operations, freezing customer accounts and in some cases filing for bankruptcy themselves because of their exposure to FTX. After his arrest, Rep. Maxine Waters, chairwoman of the committee, said Bankman-Fried would no longer give testimony as scheduled Tuesday. The hearing was set to move ahead, however, beginning with testimony from FTX’s new CEO, John J. Ray III, who took over for Bankman-Fried on November 11 and is tasked with shepherding it through the bankruptcy process. “While I am disappointed that we will not be able to hear from Mr. Bankman-Fried tomorrow, we remain committed to getting to the bottom of what happened,” Waters said in a statement Monday night. Ray has so far painted a picture of a crypto empire with virtually no corporate controls and a shocking lack of financial and other record-keeping. “The scope of the investigation underway is enormous,” Ray said in prepared remarks released Monday ahead of his testimony. While the probe isn’t completed, Ray said, FTX’s collapse appears to stem from the concentration of power “in the hands of a very small group of grossly inexperienced and unsophisticated individuals” who failed to implement virtually any corporate controls. Ray also states as fact that “customer assets from FTX.com were commingled with assets from the Alameda trading platform.” That’s a key issue for investigators, as FTX and Alameda were, on paper, separate entities. SBF’s denials Bankman-Fried has denied knowingly commingling funds and sought to distance himself from the day-to-day management of Alameda, which made a number of high-risk trading strategies such as arbitrage and “yield farming,” aka investing in digital tokens that pay interest-rate-like rewards, according to reporting from The Wall Street Journal. He has admitted to mismanaging FTX and not paying enough attention to risk. “Look, I screwed up,” he said at the New York Times’ DealBook Summit late last month. “I was CEO of FTX…I had a responsibility.” Bankman-Fried also acknowledged the lack of corporate controls and risk management within the businesses he oversaw. “There was no person who was chiefly in charge of positional risk of customers on FTX,” Bankman-Fried told DealBook. “And that feels pretty embarrassing in retrospect.” One of the key questions about FTX’s collapse stems from a Reuters report last month that says Bankman-Fried built a “backdoor” into FTX’s accounting system, allowing him to alter the company’s financial records without tripping accounting red flags. The report said Bankman-Fried used this “backdoor” to transfer $10 billion in FTX customer funds to Alameda, the hedge fund, and at least $1 billion is now missing. Bankman-Fried has denied knowledge of any such backdoor. “I don’t even know how to code,” he told cryptocurrency vlogger Tiffany Fong in an interview last month. https://www.cnn.com/2022/12/12/business/sam-bankman-fried-arrested/index.html