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Crypto’s 2001 Moment: How Bad Will This Get? | Avichal Garg & Haseeb Qureshi

Empire

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FTX and Alameda - Is That What Kicked This Off?

"It's entirely likely that actually there was a lot more connectivity there than they would have led anybody to believe as a three or six or 12 months ago," Avicio says. "I don't think this is on the employees ... I think it's, you know, with that small in operation, it's entirely possible that it was five to ten people who were fully in the know and that made it extremely improper" The company raised $1.7 billion from investors but its financials are said to be missing.

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