Once Bitten! A Bitcoin Podcast. cover image

@edstromandrew - @Croesus_BTC - FTX, Ikagi, Stop Trading #bitcoin And Getting 'That Phone Call' As A Money Manager #297

Once Bitten! A Bitcoin Podcast.

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Alameda Investing in Cryptocurrencies

Alameda is a trading hedge fund that had a pile of money to go opportunistically buy things that were undervalued. A big part of their strategy was to arbitrage between venues and jurisdictions, really. How you get to multi-billion dollar scale doing that is what confuses me because those premiums, you might make a half a percent would be a home run with that kind of arbitrage trade.

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