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Yeah, but why wouldn't he want to sell his hundreds of millions of dollars worth of FTT before crashing the price? Isn't that a bit strange?
by 55555 4y ago
Yeah, but why wouldn't he want to sell his hundreds of millions of dollars worth of FTT before crashing the price? Isn't that a bit strange?
- cryptoanon 4y agoEgo wars. Sam made a joke about CZ getting arrested on US soil.
- bhouston 4y agoYour comments cryptoanon have been so incredibly wrong about FTX/Alameda... https://news.ycombinator.com/item?id=33520624 https://news.ycombinator.com/item?id=33520624
- deleted 4y ago[deleted]
- cryptoanon 4y agoI never made any comments about FTX.
- jjulius 4y agoAlameda, on the other hand... https://news.ycombinator.com/item?id=33465861 https://news.ycombinator.com/item?id=33465861
- shapefrog 4y agoSell $100 mil at 22, buy em back at 17 ... Profit $22 million.
- snapcaster 4y agoI'm guessing they sold as much as they could before the announcement, but regardless of the theoretical money value i don't think there was actual hundreds of millions of liquidity so using this stack to wipe out a competitor is probably the most effective way of using it