Andy Croghan

Susquehanna Crypto. Formerly Polychain Capital, Ftx and COO of Alameda Research. I worked there before it was uncool

[Andy Croghan @AndyCroghan]

@TheStalwart Most people at Alameda donated a tremendous amount to OpenAI and others (pre Anthropic split, most Alamedans were on Anthropics side and felt very betrayed by Altman). Part of me thinks
@elonmusk
and SBF might actually be very aligned right now in another timeline.

[Andy Croghan @AndyCroghan]

@TheStalwart I would say none of the early Alamedans were crypto believers. Their EA goals are what brought them together. SBF generally aligned with some elements of crypto like personal control and access to capital, but technology-wise SBF always seemed unenthused.

[Andy Croghan @AndyCroghan]

@zhusu I think we have all seen the damage that an unlimited utility functions paired with huge amounts of capital can inflict.

[Andy Croghan @AndyCroghan]

@mikealfred These are filed by Jane Streets Options market making entities. This is likely not anything to do with "investing" in this company and everything to do with accumulating calls while market making (which count as share ownership for form 13g). There is a reason they stopped at 5%

[Andy Croghan @AndyCroghan]

Wait no way the Knicks lose now that God confirmed he's a Nova fan

[Andy Croghan @AndyCroghan]

@RobertMSterling Certified applications =/= visas issued. I am not sure if you mean to misrepresent them as such but it makes this analysis useless. Approvals are the first part of the issuing the visa, but they are not 1:1 and still limited by the 85k per year.

[Andy Croghan @AndyCroghan]

@vishalkgupta @DefiyantlyFree I think this was a big part of it. Vishal also knows that in the early days no one really know who we were. Half the time banks didn't know who we were because we were such a low profile trading firm. Things very much changed with FTX launch and SBF launching his persona

[Andy Croghan @AndyCroghan]

Bad fuckin takes. Don't worry I lost plenty, similar boat with zane

[Andy Croghan @AndyCroghan]

People claim "Defi solves this" but also ignore that in the last 5 years more money has been stolen via Defi than Cefi

[Andy Croghan @AndyCroghan]

@cryptomanran @SBF_FTX Frankly - because it's really easy to get nothing done , make no compromises and claim ideological purity. SBF is someone who actually cares about getting things done, and that means he needs to live in reality. And CT hates reality.

[Andy Croghan @AndyCroghan]

@FatManTerra Yeah I hear you, I honestly just thought it was a genuine way to show how hard we were working and - again - you were gonna notice that he was there - it wasn't a big office haha. Better to embrace it! As for the clothing - suits in crypto are cringe

[Andy Croghan @AndyCroghan]

@FatManTerra BTW - Sam wasn't ever directing me to do this (having people over while he was sleeping) - He worked and slept in the office every day so you it would be hard to avoid seeing him sleep, so I kinda decided to own it and embrace it. We worked hard and it was a good way to show it

[Andy Croghan @AndyCroghan]

@FatManTerra One time i told Sam to get a haircut. He said it was stupid. It would be less legit to dress up and cut our hair than to just be ourselves and do what we do best. I think it's the opposite of pretending.

[Andy Croghan @AndyCroghan]

If an opinion on Defi falls in the woods and: you aren't in the woods, tell people to avoid the woods, have no allies in the woods and have no intention of changing... do you have an opinion?

[Andy Croghan @AndyCroghan]

More people should take notes from @SBF_FTX and @ErikVoorhees about how to respectfully and constructively interact. Both guys are setting a better example than most of their followers.

[Andy Croghan @AndyCroghan]

@rsalame7926 @SBF_FTX Daily Update: SBF and FTX claim they know better than everyone how to Blink and that the CFTC should oversee all Blinking

[Andy Croghan @AndyCroghan]

@fintechfrank If you ever needed a vibecheck on "is twitter insane"

[Dave Friedman @friedmandave]

Bunch of kerfuffle around @SBF_FTX 's thoughts on crypto regulation and my response to him that the negative reactions were predictable and juvenile. Here are my thoughts for anyone who cares.

[Andy Croghan @AndyCroghan]

@rsalame7926 @TheBlock__ @stephanie_murr @michellebondny1 I personally subscribe for the Salame articles. They are just giving the people what they want