4min chapter

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FTX Implodes: SBF's Demise & Fallout Explained | Westie, Matt Fiebach

0xResearch

CHAPTER

FTX Liquidation Engine

Bess: I was thinking through how could Almeida lose such an incredible amount of money like we now know that they were probably worse traders than they were marketed as. But at the same time like eight to ten billion dollars is a huge hole so I figured it had to be something structurally wrong or something that they were taking on constantly that's causing them to lose money. Bess says she has unfollowed SPF and finds his tweets about FTX "a piece of shit"

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