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Rabbit Hole Recap #230: Building in the Bear Party Rip

Rabbit Hole Recap

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The Mobile Coin Pump Put a $1 Billion Hole in Alameda's Balance Sheet

Moxie Marlin Spike, one of the creators of Signal, was also an advisor to Mobile Coin. He presumably made bank on the pump but Signal's just completely funded by donations. Supposedly the Mobile Coin Pump put a $1 billion hole in Alameda's balance sheet. We have Rider Dive Freak, Silvergate CEO Alan Lane with the public letter.

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