The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater - Ep. 421
Unchained
00:00
The Rise and Fall of Alameda Research
This chapter examines the rapid ascent of Alameda Research during the DeFi and Solana boom, detailing their strategic advantages and risky behaviors that ultimately led to operational failures. It highlights the complexities of corporate governance at FTX and the inner workings of a tightly-knit team marked by secrecy and questionable practices. The discussion reflects on the media's role and venture capital's influence in shaping public perception while raising questions about due diligence in the crypto sector.
Transcript
Play full episode
