shorthistory
Joined 4 years ago
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Nov 4
Joined 4 years ago
Can iOS/Android apps be updated without 3rd party approval?
a. Bankman-Fried and associates
b. insiders (disgruntled)
c. outsiders (hackers)
2. Is it plausible that the transferred funds be laundered?
3. Can this altruism get any more effective?
This story is utterly fascinating. It keeps getting better and better. I remember thinking Mt. Gox was wild. This fraud is second only to Ponzi.
They like to give the impression they hire Ultra Mega Geniuses who have done the IMO (who cares if you did the IMO at age 17...?)
It seems to me that whomever was making these trades knew (suspected/or had actual inside operational information-but possibly from prior trades) that Alameda would buy the position and he would not be liable for the subsequent deflation of price.
If you knew that Alameda were going to backstop at 1% under the market price, this seems like an obvious trade to make. But how would you know that Alameda were going to do that without inside information?