Sam Bankman-Fried’s FTX Spurred Virtually $300M Loss for Crypto Market Maker Bounce Buying and selling, Michael Lewis Says in ‘Going Infinite’

by Jeremy

The e book says Bounce was “close to the highest” of the record of FTX’s 50 “greatest accounts whose house owners had been unable to take away their cash from the crypto trade,” Lewis wrote. Bounce Buying and selling misplaced $206 million whereas its affiliated buying and selling agency, Tai Mo Shan Ltd., misplaced greater than $75 million, in accordance with the e book, which cited paperwork found by Constance Wang, ex-chief working officer of FTX.

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