Maksims_Kurajevs | Monezo.xyz (maksims)

This bombshell dropped during the criminal trial involving FTX, where Ellison revealed that Bankman-Fried instructed Alameda to sell BTC, acquired from FTX client funds, in a bid to stabilize its price. Further digging unveiled Ellison's misuse of FTX customer deposits to cover Alameda's debts

• 0 replies
• 0 recasts
• 0 reactions

1/ So, what does this latest piece of intel tell us?👇 📛Futures - You're Playing Against the Exchange On the surface, futures might seem like a game between two exchange participants, with the exchange simply acting as an infrastructure provider.

• 0 replies
• 0 recasts
• 0 reactions

2/ But, it's pretty clear that the exchange itself plays the market. It's an open secret: For instance, when you want to list your project on an exchange, working with a market maker and meeting specific trading conditions are mandatory.

• 0 replies
• 0 recasts
• 0 reactions

🔥How Exchanges Liquidate Your Positions and Manipulate Currency Rates 🟠In recent news, ex-head of Alameda Research, Caroline Ellison, testified that she colluded with Sam Bankman-Fried to artificially sell off Bitcoin to keep its price under $20,000

• 0 replies
• 0 recasts
• 0 reactions