Looking For Contagion
Note: We are resending Friday’s crypto weekly to include some resources pertaining to unsecured creditors in the FTX bankruptcy case.
Mapping Possible Contagion
Recently, we have discussed the risk of further drawdowns from the fallout from FTX as the reason for not being too aggressive at these admittedly favorable long-term entry levels. In this week’s note, we wanted to further unpack a few areas of the market where contagion could be lurking.
Below is a fascinating graphic compiled by Bloomberg that maps SBF’s exposure throughout the crypto and traditional financial world....
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