The fact that SBF is re-tweeting stuff from the CEO of Alameda Research (his hedge fund) is also a bit confusing. It seems like the hedge fund mainly owns FTT and that is causing a doom loop - https://www.coindesk.com/business/2022/11/02/divisions-in-sa... - https://nitter.nl/i/status/1589264375042707458

I don't understand it either to be clear. I know a little about crypto, a decent amount about finance but it does seem that the problem is not limited to FTX.

This might go down as an LTCM. Would be quite nice. Haven't had nerds setting fire to the financial system for a while.