Carvana just hit a massive speed bump, crashing 20% in a single day after a scathing report from Gotham City Research. The allegations are explosive: a $1 billion hole in the books and claims that Carvana’s "record profits" are actually a mirage propped up by secret, "incestuous" deals with the CEO’s family businesses. In this episode of Implied, we dig into the claims of artificial gains, the 40x debt-to-earnings ratio looming over their partners, and whether Carvana is a logistics marvel or a financial thriller waiting for a crash. Is this the ultimate buying opportunity, or is the "family business" finally catching up to them? Tune in to go behind the numbers.