"It's amazing that you would build a 32 billion dollar financial firm that doesn't have an accounting department, but OK... Reading on further, FTX didn't even

"It's amazing that you would build a 32 billion dollar financial firm that doesn't have an accounting department, but OK... Reading on further, FTX didn't even have 'an accurate list' of its own bank accounts, or even a complete record of the people who worked for the firm. FTX apparently used 'an unsecured group email account' to manage the security keys for its digital assets... The document discloses the secret exemption of Alameda from certain aspects of FTX.com's auto-liquidation protocol (what that means is that while other customers would have been subject to margin calls and automated liquidation, Alameda was not)..." - Patrick Boyle's review of the latest on court filings in the bankruptcy proceedings (with some snarky commentary removed): https://www.youtube.com/watch?v=mVrMpk4lGjA https://www.youtube.com/watch?v=mVrMpk4lGjA