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We didn't know what the balance sheets of FTX and Alameda looked like, and most of us don't know enough about the space to guess this was happening. Brian Armst
by binarynate 4y ago
We didn't know what the balance sheets of FTX and Alameda looked like, and most of us don't know enough about the space to guess this was happening. Brian Armstrong (founder of Coinbase) was on the All-In podcast yesterday and said he was curious how SBF had so much liquidity, but even he admitted he didn't see this coming in the slightest: https://youtu.be/Id7cNqwqt1I?t=2612 https://youtu.be/Id7cNqwqt1I?t=2612