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Bitcoin.com 2023-09-21 21:30:53

Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep

An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching the “order of tens of millions.” An Alameda Trader’s ‘Fat Fingers’ Triggered a Flash Crash on Binance US

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