2min chapter

Odd Lots cover image

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Odd Lots

CHAPTER

FTX-Elomito Relationship - What's the Relationship?

Wintermute is one of the largest crypto market makers. We are trading billions dollars per day on all kinds of venues and, in general, very deeply intertwined with the crypto ecosystem. On centralized exchanges, it's fairly similar to how it works in traditional finance. It's basically us creating an account, just like every analysis,. And then effectively send all those one APIs that exchanges provide.

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