Vance Spencer (Framework) - The Scoop #109
Inside FTX's demise with Framework Ventures co-founder Vance Spencer
Host: Frank Chaparro, The Block
Guest: Framework Ventures Co-Founder Vance Spencer
Intro
Framework has no exposure to SOL ecosystem tokens. They’ve never put money on FTX or traded against Alameda. Vance could tell that what happened with FTX would happen & wasn’t surprised when it did.
If Brian Armstrong had his own prop-shop & he raised money from Coinbase’s customers, that would raise red flags. But for some reason, in case of SBF (Sam Bankman-Fried), such a scenario didn’t get much attention because of his good image in the media.