Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance

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Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance
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Martin Shkreli had some interesting feedback for Do Kwon about life behind bars. But they also had thoughts on the recent FTX and Binance news too.

The huge changes in the crypto exchange market on Nov. 8 led to equally massive waves of commentary. The UpOnlyTV channel on Twitch was a beneficiary of this activity with Do Kwon and Martin Shkreli showing up simultaneously to talk about the deal between Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried for the purchase of FTX.

Kwon, whose Terra Labs issued the TerraUSD stablecoin, now known as TerraUSD Classic , that collapsed catastrophically in May, had more confidence in the deal, saying: But when asked if he would invest in an SBF startup, Kwon demurred. “I’m not much of an investor,” he said. “I think it’s too early to tell.”

“Well, in the list of villains for this year, Do is moving further down,” Wintermute CEO Evgeny Gaevoy, another guest on the show, conceded. “It’s not that bad anymore, I guess, compared to Alameda and Three Arrows. […] He was a bit cocky, but whatever.”Commenters on the live stream were no more forgiving. “DO KWON HAS TO PAY FOR MY LOSSES,” one wrote. “SCAM KWON TO JAIL,” wrote another.

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