Ponzi Schemes Exposed

Mike discusses the inevitable collapse of schemes that create money out of thin air, drawing parallels between Celsius and FTX. He highlights the absurdity of FTX's high-profile endorsements, including a major sports figure, and suggests that insiders likely understood the underlying issues all along. The irony of FTX's branding, especially its visibility in sports, adds a layer of dark humor to the unfolding drama.