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scottlewis.canto➕ Profile picture
scottlewis.canto➕
@scott_lew_is
invented TVL, the dex aggregator, CSR and competitive audits. cofounder: @slingshotcrypto @code4rena @defipulse @atriumNFT. mech design. canto contributor. web+
Nov 14, 2022 • 5 tweets • 1 min read
Seems clear there was plenty of wasteful spending and maybe some fraud (FTX Foundation as end game money launderer??)

but i see 3 reasonable hypotheses on what killed FTX-Alameda. could be a mix of all of them:

🧵/ Liquidations: O big down moves, FTX ate all the liqs. on normal days they could settle, but on big days they were playing a martingale game. on disasterous non-stop zero'ings (like LUNA), they were *very* long. FTX owed shorters money, but Ala had taken over all the longs./
Nov 13, 2022 • 4 tweets • 2 min read
ummm. this dude is… uhh… not a leader.

running the same low float predatort game sbf was playing.

launchpads, “full service token launches”, 3% of supply circulating, down only. ImageImageImageImage dude literally has fake charts and fake prices on his website so you cant see it down almost all 100% ImageImage