FTX Probably Won't Be Bailed Out: Nexo's Trenchev

The video discusses the serious impact of FTX's financial troubles on the industry, highlighting the challenges of finding a rescue plan. It explores potential investors like Justin Sun and Nexo's cautious stance on participating in a bailout. Nexo's risk management strategies, including real-time audits, are detailed. The video also analyzes market reactions and potential contagion effects from FTX's collapse. Finally, it covers lessons learned, such as avoiding borrowing against one's own collateral, and Nexo's practices in this regard.

What is the current status of Nexo's exposure to FTX and Alameda?

What categories of market participants are mentioned in relation to their exposure to FTX?

What lesson did Anthony CZ tweet regarding the acceptance of tokens as collateral?