4min chapter

Not Investment Advice cover image

85: FTX Collapse, SBF vs. CZ & revisiting our crypto predictions

Not Investment Advice

CHAPTER

FTX - Is Alameda Taking Customer Funds?

Jack Drexler: We're suspecting that Alameda may have taken customer funds. He says a lot of their holdings are FTT the token, and if that goes down aggressively, which it is right now, that could blow up Alameda. If Alameda is blown up, what does that do to FTX, right? People don't believe their deposits are going to be safe there, he says. The balls on this man truly bravo also bravo to Sam to choose the correct option that protects customer assets, swallows, pride, and not burn everything down in an unnecessary fight according to one Twitter user.

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