The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater - Ep. 421
Unchained
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Unraveling the Alameda Crisis
This chapter examines the multifaceted collapse of Alameda and its connections to FTX, emphasizing the role of over-leverage and accounting irregularities. The discussion draws parallels with notable financial failures like Enron, exploring the consequences of a lack of transparency and due diligence in the venture capital space. Furthermore, it reflects on the implications of rapid growth in the crypto industry and the oversight challenges faced by investors during this period.
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