SBF gëtt zouginn datt Alameda eng speziell Behandlung krut

SBF Neiegkeeten:

SBF’s trading company Alameda Research was provided with oversized borrowing limits compared to other FTX clients.

He did not specify how large the limits were compared to other clients but raised the possibility that they would have continued even after FTX was established. Alameda had access to high levels of FTX lending when Sam Bankman-Fried launched the crypto Austausch. He said this in an interview with the Financial Times published on Saturday.

D'Origine vun de grousse Prêtlimiten stamen aus dem Alameda senger Roll als Haaptliquiditéitsprovider fir FTX bei hirer Grënnung ier aner Finanzgruppen Interesse ausgedréckt hunn, sot hien.

“If you go back to 2019 when FTX first launched, at that point Alameda had 45 percent of the volume or something on the platform,” SBF said in an interview. “It was basically a situation where if Alameda’s account ran out of capacity for new positions, it would lead to risk issues for the platform because we didn’t have enough liquidity providers. I think it had quite a lot of limitations because of that.”

The discredited founder said Alameda’s liabilities to FTX were about $10 billion at the time of its bankruptcy. He also added Alameda accounted for only 2% of the trade volume on FTX, by 2022.

Since FTX filed for bankruptcy on November 11 of this year, in the United States this is the latest admission made to the media by the co-founder and former CEO, Sam Bankman-Fried.

On Wednesday, SBF told the New York Times that “he messed up big.” In the same interview, he took responsibility for Alameda’s research and FTX link, citing that he overlooked what was going on. In an interview with ABC News on Thursday, Bankman-Fried confessed about not spending any time learning and doing risk management.

FTX collapse sent shock waves across the crypto market. SBF has been under investigation by the Securities and Exchange Commission for fraud.

Shourya ass e Krypto-Fanatiker deen Interessi am Business Journalismus an de leschte Joren entwéckelt huet. De Moment, schafft als Schrëftsteller mam Coingape, Shourya ass och e begeeschterte Lieser. Ausser Schreiwen, kënnt Dir hir Poesie Shows besichen, Caféen entdecken a Cricket kucken. Wéi si seet, "Hënn si mäi Heem", hir éischt Rettung vun engem Hond war am Alter vu 7! Si huet dauernd fir mental Gesondheet an de Reebou Stolz geschwat.

Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.