Location: Live Online
Since November the digital asset industry has watched in horror as FTX, the multi-billion-dollar crypto exchange, created by one of its brightest stars, Sam Bankman-Fried, has imploded.
The emphatic failure of FTX has sent seismic waves through the entire crypto ecosystem causing token prices across the board to crash.
Overnight Bankman-Fried went from one of the crypto world's biggest hero's to it's villain.
During this one-hour topical webinar, our crypto-expert speaker Professor Bruno Biais, will unravel what is undoubtably Crypto's biggest ever fraud and explain how FTX went from $32 billion to $0 in a single day.
Content
What is the purpose of bitcoin, and other cryptocurrencies?
How are cryptocurrencies traded and what are these exchanges?
What are the potential problems with financial institutions and how are they dealt with?
What was the problem at FTX?
What are the lessons learnt from this case?
What will be the consequences for cryptocurrencies?
Speaker
Bruno Biais: Professor of Finance and Economics at HEC Paris
Bruno Biais holds a PHD in finance from HEC, received the Paris Bourse dissertation award and the CNRS bronze medal. He taught at Toulouse, Carnegie Mellon, Oxford, LSE, and now HEC. His research on finance, contract theory and experimental economics is published in Econometrica, Journal of Political Economy, American Economic Review, Review of Economic Studies, Journal of Finance, Review of Financial Studies and Journal of Financial Economics. He was editor of the Review of Economic Studies and of the Journal of Finance. He is a fellow of the Econometric Society and the Finance Theory group and has been scientific adviser to the NYSE, Euronext, European Central Bank and Bank of England.
Benefits of membership include: full members can submit a detailed firm listing for posting on our website, staff of full members can attend our regular lunchtime seminars free of charge, all members have priority booking for our School of International Financial Services (SIFS) training courses.