2min chapter

The Daily cover image

The Man Who Was Supposed to Save Crypto

The Daily

CHAPTER

Is This a Big Issue for Alameda?

Samuel Lerman: David Geithner has been reasonably chatty with reporters. He asked him, can you explain on the record how big the margin position that Alameda held on FDX was? Do you think that was a problem that you were in a romantic relationship with Caroline? Are you afraid about the possibility of jail time? Did that constitute lending out customer funds, essentially, and putting customer funds at risk? Frustratingly, it was difficult to get him to say much on the record.

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