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Understanding the Collapse of Sam Bankman-Fried's Crypto Empire
Odd Lots
I'm a Very Skeptical Person When It Comes to Cryptocurrency
When I really started thinking there was something wrong was when all of these firms started failing like BlockFi and Voyager and FTX was suddenly stepping in. And so my question was, was he just trying to get ahold of the user assets or was he trying to cover up debt that Alameda had to those platforms? It seems like it's the latter case that both of those platforms held large amounts of liquid tokens that Alameda owned and that FTX had issued. So basically it was him protecting himself.
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