3min chapter

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FTX - Building Crypto Exchanges FTX and Serum with Sam Bankman-Fried

Modern Finance

CHAPTER

What Was Your Thinking About Cryptocurrency Trading?

Mina Kogan: I was a trader really at heart. The first thing that i did in crypto was what was trading? And, you ont basically just seemed like, on priors, there would be a lot of liquidity demanded from thecrypto market and really not a lot supplied. That's probably why that price dislocation happened. Gon sod thas sort of like what wt we're doing in the beginning. It was o operationaly, huge fack, a nightmare. But in terms of the corp trading,  there were, in fact, just now, giant arbitrages all over the place, right?

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