bullish

Bitcoin Pro

Crypto Liquidity in a Post-Alameda World

431 Views15 Nov 2022 10:17
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SUMMARY
  • The FTX saga keeps entering new levels of strange.
  • On Friday, both FTX and FTX US filed for bankruptcy, along with 134 related entities, highlighting just how tangled the exchange’s corporate web had become.
  • Just a few hours later, the exchange suffered what now appears to be a massive hack, with more than $600mn siphoned from both FTX and FTX US wallets, instantly triggering rumors of an inside job.
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