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Gary Wang and the Alameda Grift History

The Breakdown

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Former FTX CTO Testimony Reveals Improper Relationship and Special Privileges

Former FTX CTO reveals the inappropriate partnership between FTX and Alameda research, including special privileges coded into the exchange and unlimited fund withdrawals. The chapter also discusses ownership stakes and decision-making dynamics, ending with prosecutors presenting evidence and the advantages Alameda had in trading.

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