Alameda's Messy Balance Sheet Raises Concerns About FTX Does It Pose Systemic Risk?
wublock.substack.com
Preface: CoinDesk's report on Alameda found that its largest single asset, a large amount of collateral are FTX's platform coin FTT (most likely borrowing from FTX), a large number of opaque affiliate transactions between Alameda and FTX, previous financial products with interest rates beyond the norm, as well as large investments and acquisitions in the market, once again raising concerns. After the CoinDesk article was sent out, SBF Alameda FTX and others have not responded in detail, also from another angle to aggravate the outside world's doubts.
Alameda's Messy Balance Sheet Raises Concerns About FTX Does It Pose Systemic Risk?
Alameda's Messy Balance Sheet Raises Concerns…
Alameda's Messy Balance Sheet Raises Concerns About FTX Does It Pose Systemic Risk?
Preface: CoinDesk's report on Alameda found that its largest single asset, a large amount of collateral are FTX's platform coin FTT (most likely borrowing from FTX), a large number of opaque affiliate transactions between Alameda and FTX, previous financial products with interest rates beyond the norm, as well as large investments and acquisitions in the market, once again raising concerns. After the CoinDesk article was sent out, SBF Alameda FTX and others have not responded in detail, also from another angle to aggravate the outside world's doubts.