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Alameda owes FTX about $10 billion - report

Alameda owes FTX about $10 billion - report

The idea that Sam Bankman-Fried was some sort of MIT trading savant is coming undone.

The WSJ now reports that FTX lent billions of dollars worth of customer assets to fund risky bets at Alameda, his trading firm. Now Alameda owes FTX about $10 billion.

That makes it likely that Alameda is now unwinding positions... Read More

Posted: Nov 10 2022, 15:34
Author Name: forexlive
Views: 112284

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