Immense losses for the FTX crypto exchange

Immense losses for the FTX crypto exchange

Companies in the group of the FTX crypto exchange, and in particular Alameda Research, would have made a veritable record of losses in 2022. 
This is revealed by Wikipedia’s page dedicated to the biggest losses in history due to trading. 
It is worth mentioning though, that these are nominal values, which means before inflation, so it is more than obvious that losses made recently are at the top. However, the page also reports adjustments due to inflation. 
On this page, it is reported that the largest loss ever in nominal value is precisely the $51 billion of FTX and Alameda Research, and it lists Sam Bankman-Fried (SBF) and Caroline Ellison, former CEO of FTX and former CEO of Alameda Research, respectively, as the key people. 
However, there is something wrong with this ranking. 
First, the losses generated by Bernie Madoff’s pyramid scheme are missing. To justify this, the page states that the more than 50 billion lost by Madoff was not lost through trading. In fact, it i

Czytaj więcej

We współpracy z: https://en.cryptonomist.ch/2022/12/07/immense-losses-ftx-crypto-exchange/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy