Adi (e/acc) Profile picture
Currently building @Astra_API 🦀. Ex-@AlamedaResearch engineer. Previously at @Google and @UCBerkeley.
Ken Nickerson Profile picture Perry Rakoma Profile picture 2 subscribed
Sep 20, 2023 15 tweets 4 min read
PART 2: THE FAT-FINGER

or

The story of how a misplaced decimal point at Alameda Research caused a market crash that echoed around the world.

(1/n) 🧵

#SBF #FTX Image This incident happened just a few weeks after I joined Alameda. I had just gotten a hang of our engineering workflows and was starting to wrap my head around our trading systems.

At a high level, Alameda's trading operated in two modes:

(2/n)
Aug 23, 2023 26 tweets 6 min read
As an engineer at Alameda Research, I had my entire life savings stolen from me by my former boss: Sam Bankman-Fried.

Now, after months of recuperation from the craziness of the FTX collapse, I’m ready to tell my story.

Let’s start at the beginning:

(1/25) 🧵

#SBF #FTX Image I still remember my first time meeting Sam - it was my first day of work at the office. I had just left my job at Google, and was excited to be working at this small, mysterious crypto trading firm.

At the time, there had only been minor press coverage of Sam.

(2/25)