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#345 – Coffeezilla: SBF, FTX, Fraud, Scams, Fake Gurus, Money, Fame, and Power
Lex Fridman Podcast
Alameda and FTX Insiders
Insiders knew almost everything that was going on at FTX by design. There was insider trading going on from Alameda's perspective where they would know what coins FTX was going to list on their exchange. Insiders told me it was a regular practice for Alameda insiders to know that FTX wasGoing toList a coin and as a company buy up that coin so they could sell it after it listed. And they made millions of dollars. What do you do that accidentally? Yeah, I love the nitty-gratuitous detail here. We're back to SPF. ...I wanted to turn us as fast as possible away from it."
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