This episode of Bell Curve explores the complex money trail from crypto's warped credit market. We know the players - 3AC, DCG, Genesis, Alameda and FTX - but how were these parties tied together and what exposure did they all (carelessly) take?

We then discuss how ecosystem funds work, why we're bullish dYdX and Circle, the Blockworks Research degens, why we're pulling a boomer on social media, Doodles controversy and more!

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Timestamps:

(00:00) Introduction

(00:51) Crypto's [Dead] Credit Market

(17:18) How Ecosystem Funds Work

(24:30) dYdX Token Unlocks

(29:32) Circle’s CCTP = Bullish

(34:21) Canto, Blockworks Research and How to "Make It"

(48:44) Stargate Psyops?

(52:01) Doodles Controversy

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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.