Monday, December 11, 2023

Sam Bankman-Fried’s Empire Was Crushed by This Notorious Steadiness Sheet. Right here’s Extra of the Story


The notorious steadiness sheet of Sam Bankman-Fried’s buying and selling agency, Alameda Analysis, served as the idea for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions on how sturdy the corporate’s monetary underpinnings had been – and, by extension, how secure Bankman-Fried’s better-known crypto change FTX was. For the safety of our sources we’re not publishing the doc itself however fairly describing its contents – in finer element than ever earlier than.

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