let's turn to sam beckman. efforts to help the crypto industry, joining us now, patel, an investor in ftx. >>> to have you on the program. what do you make of fts in all of this? does he have to do this to stem contagion? is this what you expect in your investment? >> it is a great question. thanks for having me on again. i think it is important to step back and look at the types of investments he is making, right? so, some of these best deals are very different from equity investment versus m&a deals. there are different reasons for each one of those deals, right? so, you know, as an example of the line of credit, in many cases, it is more of a defensive move. you know, in many ways, it inject confidence into the ecosystem. not only in terms of ejecting liquidity, but fps is seen as a big figure in this space. so, injecting confidence with humors, ensuring that, you know, they have their wallet, you know, our, you know, still able to be withdrawn from you know, the crypto assets. that is important. on the equi

alameda, that's sam beckman fried company.rgest shareholders with about a 9.5% equity stake in the company. alameda was also a creditor. his company provided a loan made up of crypto and cash and it was worth $500 million. voyager drew on that $75 million and legal analysts are telling it's unlikely alameda will recoup that credit line. that money may be wiped out in voyager restructuring. on top of all of that, alameda was also a customer and borrow 376 $.8 million worth of cryptocurrencies from voyager and the interest rate was between one and 11.5%. we saw some other outstanding loans in these bankruptcy documents. another high profile borrowing we talked about. three arrows capital which was a big part of voyager's downfall in the first place. three arrows owns more than $650 million to voyager. defaulted on that back in late june and jenna says as long as mike no regrets's voyager digital. alameda has already put hundreds of million dollars in emergency loans and various crypto companies. block phi, in an interview with r

but in 2008, block by was the other large crypto lender in trouble and they got a lifeline from sam beckmanme people are locked in. can't get out of there bitcoin. they are locked in. susan: may be they can access it. i don't think they lifted the freeze on withdrawal yet. stuart: new york city mayor eric adams defending the public service announcement on how to survive a nuclear attack, president biden says the us would use force to prevent iran from getting nuclear weapons. >> ensuring iran would not acquire nuclear weapons, does that mean you would use force against iran? >> president biden: yes. stuart: that was a yes. we will deal with it after this. ♪♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire psst. girl. you can do better. matching yok. wow.description. i'm right here. and you can do better, too. at least with your big name wireless carrier. with xfinity mobile, you can get unlimited for $30 per month on