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Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
Concerns around the actual relationship between Sam Bankman-Fried’s two companies, trading firm Alameda Research and crypto exchange FTX, led the founder to consider shutting Alameda in 2022, a series of unpublished posts revealed in the ongoing court trial show. “For the past few years, the FUD around Alameda’s relationship with FTX has been too much of a burden to justify its existence,” a post from an unpublished series revealed in the trial show. “This FUD has been largely spread by competitors of FTX, looking to distract from their problems,” Bankman-Fried blamed. He hoped to continue Alameda as an ... (full story)