“The November crash was a targeted attack on assets held by Alameda, not a broad market move … As a result, the larger hedge that Alameda had finally put on that summer didn’t end up helping. It would have for every previous crash that year – but not for this one,” Bankman-Fried wrote. “Over the course of November 7th and 8th, things went from stressful but mostly under control to clearly insolvent.”
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japan Post Bank is moving toward a...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has teamed up with Japan’s Web3...
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