Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader’s MobileCoin trade went bad, wiping out Alameda’s 2021 profits (Financial Times)
Written by Dec 2, 2022, 10:00 am
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Financial Times:
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader’s MobileCoin trade went bad, wiping out Alameda’s 2021 profits — Alameda Research sustained up to $1bn loss last year when client’s trade on obscure token went sour — Hedge fund Alameda Research stepped …