2min chapter

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EMERGENCY POD: FTX sells to Binance with Vinny Lingham and Sunny Madra | E1607

This Week in Startups

CHAPTER

FTX and SPF

Alameda's balance sheet appeared to include a significant portion of a token that FTX and SPF made up. So, they didn't make up the token. The issue is it's just not as liquid as it should be for the purpose. But they're not going to get away from the effect that this couldn't happen in the US legally. You couldn't do this in the US.

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