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Sam Bankman-Fried Testifies At Last | Casey Wagner & Jack Farley On The Trial Of The Century

Forward Guidance

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Misuse of Funds and Margin Trading on FTX

This chapter discusses the testimony of a quant hired for financial analysis, the concept of margin accounts, and the use of margin trading on FTX. It questions the legitimacy of the analysis, analyzes the high amount of margin trading on the platform, and explores the misconception about customer losses. The chapter also touches on legal explanations and the long-standing misuse of funds.

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