.#SBF_FTX
1/
The exchange should never lose money if a customer gets liquidated. There is no excuse giving you hedge fund alameda an account with liquidation turned off.
1/
The exchange should never lose money if a customer gets liquidated. There is no excuse giving you hedge fund alameda an account with liquidation turned off.
2/
All this talk about what Alameda did is misdirection. It doesn’t matter how they hedged or didn’t hedge, or what dogshit was in their portfolio.
All this talk about what Alameda did is misdirection. It doesn’t matter how they hedged or didn’t hedge, or what dogshit was in their portfolio.
3/
If you want to do some explaining tell us why you thought it was a good idea to give your hedge fund an account with the liquidation feature turned off?
If you want to do some explaining tell us why you thought it was a good idea to give your hedge fund an account with the liquidation feature turned off?
4/
If you had liquidated Alameda like any other FTX punter, FTX would still be operational. It’s just that simple.
If you had liquidated Alameda like any other FTX punter, FTX would still be operational. It’s just that simple.
5/
So stop talking about Alameda and tell us how you approached risk management at the FTX level. Why were some clients treated differently than others. I am keen to understand why you thought turning off liquidation on a $bn notional position was prudent.
So stop talking about Alameda and tell us how you approached risk management at the FTX level. Why were some clients treated differently than others. I am keen to understand why you thought turning off liquidation on a $bn notional position was prudent.
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