SBF proves we live in post post post-modernism (clown world)
The Blockchain Socialist
Alameda's a Trader on the FTX Exchange
Alameda was a trader on FTX's exchange as well. Like they had a lot of positions and made markets on FTX, etc. They lost huge. And normally what would happen if you were a trader that got wrecked that hard is in your own leverage is you'd be liquidated. But essentially Alameda was just like trading on funny money, getting deeper and deeper into the whole. So when the kind of run on the bank, if you will, happened, the money basically that would have gone back to those, you know, out the outflows to those customers was essentially like, it needed to be that amount plus Alameda's losses, which is essentially a force of
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