Forwarded from Canva
#Leaks from a Signal messaging group reveal Sam Bankman-Fried was trying to destabilize Tether #USDT and with it the broader crypto market last month in a last ditch attempt to save #FTX.
Alameda was trying to lower its liabilities, much of which are denominated in volatile tokens whose value would have shrunk in the event of a broad market collapse.
Alameda was trying to lower its liabilities, much of which are denominated in volatile tokens whose value would have shrunk in the event of a broad market collapse.