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Unusual Whales Pod Ep 14: Unusual Whales asks SBF about Customer Deposits, FTX, Alameda and Fraud

Unusual Whales

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Alameda Research Loans - Is Tether Really a Redeemer?

Most of your net equity for Alameda was tied up in completely a liquid alt coins, FTT, locked FTT, Solana, et cetera. If we go back to 2021, most Alameda was by far and away. The biggest redeemer and user of Tether on the planet, around $36 billion or so redeemed. And I'm not aware of any loans that Alameda ever had from Tether or investments or anything like that. It was, you know, stars and more just creations and redemptions.

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