Giang Nhiπ©π
@giangnhi
How the FTX "Infinite Equity" Machine worked: 1) FTX loans customer deposits to Alameda Research 2) Alameda Research invests those deposits into startups 3) Alameda Research makes those startups deposit funds on FTX 4) Repeat π https://gw.ipfs-lens.dev/ipfs/bafkreieyhbfbqli2lqzg7muo2e2lpq45k73xf4ca5w3cnlnthj67kplsv4
59 replies
70 recasts
148 reactions
Jack βοΈππ
@jackzzz
Thank you for making this topic so accessible! kaka! @giangnhi
0 reply
0 recast
0 reaction