Kyle Davies, co-founder of Three Arrows Capital, joins CNBC’s Kate Rooney to discuss the cryptocurrency hedge fund’s bankruptcy proceedings amid the collapse of Sam Bankman-Fried’s FTX. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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    29 Comments

    1. The amount of idiots in the world is scary, and worst when they are sold to us as genius. This is just daddy money on the hands of idiots.

    2. Junk bonds, dotcom stocks, mortgage backed securities, Madoff, now crypto. What will be the next investment scam that will be ignored by our spineless crooked politicians and government regulators until it's too late including the hapless SEC? Hey but they did catch Martha Stewart! Hopefully this punk Davies will be trading Bali for balls on his chin behind bars along with the rest of these lowlifes. Is this the scum are our top business schools produce?

    3. DC UNIPARTY pushes Billions of US Tax Dollars into unaudited CIA Ukraine Proxy WAR blackhole. CIA installed Ukraine PUPPET pushes funny money into CIA Cryptocurrency Front Operation. CIA PATSY from techie central casting launders cash back into US sElections, Super PACs, & UNIPARTY Politicians.

      10% for the Big Guy!
      FTX Bankman-Fried made multiple visits to the White House according to White House visitor logs. 👀

      WEF scrubs FTX partnership from it's website, & pretends SBF wasn't a speaker at Davos.

      It's getting spicy!!! 🌶️
      Somebody/s about to commit Epstein.👻

      FTX frontman SBF, 2nd largest Democrat donor behind Soros.
      💵👋🏻
      Dirty Mitch Was on the Take… McConnell Received $2.5 Million from Crypto Laundromat FTX for His Senate Leadership Fund
      💵👋🏻
      limited hangout.
      3-2-1 gone.

    4. This guy is playing the victim card, its not going to work. He never mentioned this before. He f*Ed up, gambled his clients money away, and lost all his customers money, and now trying to blame someone else. His greed lost their money and nothing else. You lay with the devil, what do you expect will happen….

    5. This firm collapsed because this joker and his partner, a flow trader with just one year of experience, didn't understand what it meant to be short gamma. They were picking up pennies in front of the steamroller and the steamroller caught them. It's the same mistake made by Ellison at Alameda – a common mistake among first and second year analysts who don't really understand trading yet. That he is making excuses and blaming others makes him sound like just another clueless day trader who got out over his skis. He sounds that way, because it's precisely what he is. Shameful. HE should be in prison, not trying to raise money for a new fund.

    6. A round of applaud for the great analysis and breakdown of personal perspective. I woke up to the sad news by FTX. The market circumstances are driving me insane, my portfolio has lost almost $18500 this month alone, my earnings are tanking, and I can't see how my retirement will go smoothly when I can't even increase my stagnating reserve. I wonder whether those who lived through the 2008 crash had it easier.

    7. When one thinks of investing this days it's got to be either the stock market or crypto, i personally feel crypto is really worth venturing into especially with the current market dip, it's a perfect buy moment. I've been day trading crypto for 2 months with Mr. Gary Christopher.

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