Alameda's FTX Isn't Insolvent, but It's the Most Profitable Exchange Per Employee

The CEO of Alameda Research tweeted out that was only part of our balance sheet. We've got a bunch of secret hedges you can't see and also $10 billion in assets, he said. And again, you're skipping one pivotal tweet, which I think is super important are Carolyn Ellis and said, basically trying to replicate the famous cryptocurrency Twitter moment. The amount of FTX token that Alameda has puts you in a position where you start to wonder if they could be doing that same kind of thing.