3 ms·
It's wild to think of what would have happened if Alameda had gotten out of crypto and instead put all the stolen customer money in an index fund. The CFTC comp
by Breza 3y ago
It's wild to think of what would have happened if Alameda had gotten out of crypto and instead put all the stolen customer money in an index fund. The CFTC complaint says they started misusing customer funds in 2019. Stocks have increased a lot since then. FTX would have been able to meet any customer request for withdrawal, Alameda would have presented staggeringly large returns (trading profit / legally invested money), and SBF would still live like a king.