Sam Bankman-Fried Misplaced Tens of millions Buying and selling Earlier than FTX’s Launch, Michael Lewis Claims

by Jeremy

Most of those had been shedding bets from the beginning with Alameda shedding tens of millions of {dollars} in its first months. It misplaced over $500,000 day-after-day all through one such month, Lewis wrote, whereas some buying and selling funds had “merely vanished” as a consequence of poor fund administration.

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