Re:Major crypto trading firm Alameda Research might be insol...
by WastingMyTime89 on Friday November 04, 2022 @08:58PM
(#33476460)
>> First very simple point, to become insolvent you have to actually take a loss somewhere.
> This has absolutely NOTHING to do with being insolvent.
This has everything to do with being insolvent.
If you don’t lose money somewhere - interests costing more than what you win being a loss for exemple - you should be able to pay back what you owe in the end.
You could be temporary insolvent because you have issues with payment delays and are strapped for cash but there are ways to deal with that especially at Alameda size.
> This has absolutely NOTHING to do with being insolvent.
This has everything to do with being insolvent.
If you don’t lose money somewhere - interests costing more than what you win being a loss for exemple - you should be able to pay back what you owe in the end.
You could be temporary insolvent because you have issues with payment delays and are strapped for cash but there are ways to deal with that especially at Alameda size.