Crypto Trading and Strategies
Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang
Gary Wang, co-founder and former chief technology officer of cryptocurrency exchange FTX, testified on Friday that Alameda Research, the sister trading firm of the exchange, had a special line of credit of up to US$65 billion from FTX, that allowed the firm to spend US$8 billion of customer funds. See related article: Little-known FTX co-founder […]
Zoltan Vardai