Sbf could have printed money if he didn’t get so greedy.
Maybe ftx would have been a top 10 exchange, instead of the third largest.
Maybe alameda would have been a standard successful prop shop (though they were really struggling as trading got more competitive).
He would have just been worth a few billion.
But here we are now.
I have a lot of friends on the inside and nobody knew at all. These friends knowingly kept money there confident the rumors weren’t true. I don’t know how much all of alameda knew but I don’t think the rank and-file knew the full story.
And how do you even lose 8bn? Did alameda become a shop making leveraged long crypto bets? Using a shitcoin as collateral? I know they’re smarter than that, so what happened????
Maybe ftx would have been a top 10 exchange, instead of the third largest.
Maybe alameda would have been a standard successful prop shop (though they were really struggling as trading got more competitive).
He would have just been worth a few billion.
But here we are now.
I have a lot of friends on the inside and nobody knew at all. These friends knowingly kept money there confident the rumors weren’t true. I don’t know how much all of alameda knew but I don’t think the rank and-file knew the full story.
And how do you even lose 8bn? Did alameda become a shop making leveraged long crypto bets? Using a shitcoin as collateral? I know they’re smarter than that, so what happened????