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The Daily Hodl 2023-10-29 18:45:24

Sam Bankman-Fried Says Alameda Did Not Hedge After $30,000,000,000 Drop in Assets: Report

The disgraced founder of crypto exchange FTX Sam Bankman-Fried reportedly says that Alameda Research did not attempt to hedge after its assets dipped $30 billion in value. According to court transcripts released by Inner City Press on the social media platform X, when questioned by defense attorney Mark Cohen about Alameda’s assets, Bankman-Fried said that The post Sam Bankman-Fried Says Alameda Did Not Hedge After $30,000,000,000 Drop in Assets: Report appeared first on The Daily Hodl .

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