Scoop: Ex-Alameda exec Sam Trabucco bought millions in property pre-collapse
This suggests that in the years leading up to the collapse of the trading firm he helped build, Trabucco purchased north of $10 million in all-cash purchases in the United States alone.
That's nice.
This is also fun:
Documents reveal Alameda Research bought FTX stake from Binance
This also highlights the fundamental difference - and almost total confusion - between the value of FTX company shares compared to the FTX platform.
I also suspect this is the source of how FTT tokens were pumped so high so that their market cap was, somehow, justified by the market cap of the corporation. Wash-trading inflated FTT tokens could then be used to inflate trading volume and fees and income.
Just like every uniswap yield farm ponzi! ;-)
As for the little people, I'd do a full audit of every holding you have and check what liabilities those tokens have, and whether they are surviving on loans or wobbly bridges or within liquidity pools. Then simulate for yourself multiple rugpulls! Try it.
I hope a deep defi analysis will crush unislop!
propped up by eth, prob won't happen.