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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 Invests Customer Assets?

On November 9th, after saying, quote, we don't invest customer deposits, all withdrawals were paused except for the Bahamas. Clients were allowed to withdraw assets up until the point where withdrawals were shut down as long as they passed margin checks. Some clients who had very solvent and well-chauderalized positions, but which did have margin positions open, was potentially able to withdraw.

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