CoinsValue.net logo CoinsValue.net logo
The Daily Hodl 2023-01-04 19:45:13

Sam Bankman-Fried’s FTX/Alameda Empire Faced Turbulence Years Before Implosion

A new report claims Sam Bankman-Fried’s financial crypto empire faced troubles years before the FTX exchange collapse. According to the Wall Street Journal, Bankman-Fried’s trading firm Alameda Research helped SBF build up his reputation before launching FTX, but Alameda’s investing success was not what it seemed. Alameda’s first big financial play was arbitrage in Japan The post Sam Bankman-Fried’s FTX/Alameda Empire Faced Turbulence Years Before Implosion appeared first on The Daily Hodl .

Read the Disclaimer : Coinsvalue.net