Ep. 488 An Inside Look to Working with Sam Bankman Fried & FTX
CRYPTO 101
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The Importance of Innovation in Trading and Market Making
There's some really cool stuff that you can take away and figure out how that can apply. We're trying to figure out how did alameda lose because they've got no liquidation point on ftx They've got all the data uh so much more than the people they're trading against was it just gross mismanagement where there's nobody at the desk or Were they just receiving a ton of toxic flow? Maybe from a couple participants that had the exact same data Because it was them just personally trading Sam tributo and sam bakeman freed versus alameda and laundering money technically legally Through this market maker system until the market maker had nothing left and the people on the other side of the trade
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