Alameda Blown Up in Cryptocurrency Market

My understanding what happened at this point and again, I don't have all the facts. You know FTX was in a position where they had this market maker Alameda that was investing in risky things. Back during the last Shake-up in the crypto industry it appears that Alameda took a big loss as well. Instead of just saying hey, you know this hedge fund is gonna blow up too which would have been unfortunate people would you know, Sam would have lost money. It's embarrassing But it's not illegal for a hedge fund to blow up it happens with some regularity instead of just letting it blow up.