Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT

The Collapse of Crypto Exchange FTX More Like Enron Than Lehman


Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*