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This is what Alameda was doing on FTX right? Crazy that they managed to lose money even though they had priority access to front run customer orders.
by logicchains 3y ago
This is what Alameda was doing on FTX right? Crazy that they managed to lose money even though they had priority access to front run customer orders.
- thr_low_latency 3y agoTo be fair so did ITG.
- lordnacho 3y agoI think Alameda lost money doing silly bets and just losing it in the "don't know where I put it" way. Their MM operation was making lots of money according to someone I talked to. Just not enough to offset them setting it on fire.
- landoftheice 3y ago[dead]
- TacticalCoder 3y ago> This is what Alameda was doing on FTX right? Alameda did many illegal things, including lying to investors about their returns to get funding. And pump and dumping a huge lot of shitcoins which SBF created or funded. So I don't doubt they'd also frontrun their customers.