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The Chopping Block: Was FTX a Scam From the Very Beginning? - Ep. 433
Unchained
FTX Is Short Crypto, Alameda Is Long on Good Stuff
Alameda was levered long on weird stuff. FTX was short on good stuff. In a bull market, I don't know which one would win. Well, definitely like good stuff, not the shit coin. Depends on the bull market, right? Like Doge and shit. That was, yeah, well, but also SRM and, you know, all the same coins were pumping last year. Because he was converting the customers Bitcoin into the coins he like on the metals. So then the only way that it could have worked would have been if they if their shit coin strategy had actually worked,. But then also they would have had to sell at the top in dollars,
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