The revelations surrounding FTX’s downfall continue with full force. Now, according to the most recent court filings, Alameda Research – SBF’s trading firm, had some privileges.
- The trading firm of Sam Bankman-Fried, Alameda Research, was secretly exempted from some aspects of the auto-liquidation protocol of FTX.
- It’s worth noting that SBF was also the acting CEO and founder of FTX.
- This is just a drop in the stream of information that was made public through the recent Geriicht Areechungen.
- Meanwhile, the current CEO of the exchange, John J. Ray III, said:
Ni a menger Karriär hunn ech sou e komplette Versoen vu Firmekontrolle gesinn an esou e komplette Fehlen vun zouverléissege finanzieller Informatioun wéi hei geschitt ass.
Binance Gratis $100 (Exklusiv): Benotzt dëse Link registréieren a kréien $ 100 gratis an 10% Off Fraisen op Binance Futures éischte Mount (Begrëffer).
PrimeXBT Spezial Offer: Benotzt dëse Link aschreiwen & gitt POTATO50 Code fir bis zu $7,000 op Är Dépôten ze kréien.
Source: https://cryptopotato.com/alameda-secretly-exempted-from-ftxs-auto-liquidation-engine-court-filing/