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Alameda trading
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Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'
FTX CEO Sam Bankman-Fried promised to use “every penny” his crypto exchange has to repay users ahead of investors, apologizing in a tweet thread on Thursday. The 30-year-old former billionaire also said Alameda Trading – his empire’s once mighty crypto quant shop and market maker – would wind down trading. CoinDesk Technology Reporter Sam Kessler weighs in.
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