Gary Wang and the Alameda Grift History
The Breakdown
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Undisclosed Benefits, Negative Account Balances, and Increased Credit Lines
This chapter discusses how Alameda took advantage of undisclosed benefits provided by Alameda throughout their history with FTX, resulting in their accounts being overdrawn by $8 billion. It also explores the increase in Alameda's credit line with FTX, ultimately reaching an effectively infinite credit line of $65 billion.
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