Re:What Happened at Alameda Research
by kryogen1c on Tuesday November 15, 2022 @10:02AM
(#33609935)
> we can see FTX's balance sheet [1]. There is no loan
The problem with this is that the customer funds are also not present on their balance sheet. Levine opined about this yesterday; Like 3 of the biggest assets are coins ftx didn't pay for - so where did the money go?
That's why the Alameda explanation is likely, in one way or another. Money had to go somewhere.
The problem with this is that the customer funds are also not present on their balance sheet. Levine opined about this yesterday; Like 3 of the biggest assets are coins ftx didn't pay for - so where did the money go?
That's why the Alameda explanation is likely, in one way or another. Money had to go somewhere.