When a company looks to acquire another company and the due diligence period is less than 24 hours… it’s worse than bad.
It’s criminal.
I have zero sympathy for SBF & am going to enjoy sending him to prison, I’m sitting on so much hard evidence he has no chance of escaping.
If I had to guess, it was widely known alameda had been internalizing (take other side) ftx client liquidations for years
3 days of 99% sell-only liq flow from Luna1 (and many other coins) likely wouldve opened up a large loss from giving themselves non-liq on their own platform
@eliz883 i had all my funds on FTX. this is no joke: I applied today for a full time job. I was two moths a full time trader. But im just 20 living at parents house so its okay