I don't see anything about FTX that exceeds what 25 good developers could do. We know they saved money by not having a compliance department.
It's documented that FTX would occasionally eat financial losses and shift them to Alameda to get them off the balance sheet. FTX was also "very easy to steal from" according to the book.
It's documented that FTX would occasionally eat financial losses and shift them to Alameda to get them off the balance sheet. FTX was also "very easy to steal from" according to the book.