Alameda’s bitcoin-denominated loans from Voyager coincide with every major dump in the last few months

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With Voyager's collapse and the subsequent legal proceedings we got access to lots of interesting information. They lent Alameda (FTX ventures) quite a bit of Bitcoin from March to June this year. https://cases.stretto.com/public/x193/11753/PLEADINGS/1175309202280000000002.pdf So, how did that turn out? They probably shorted the shit of the borrowed BTC – nothing controversial with short selling – borrowing a security, selling it and then buying it back as lower price. Here are a few points though to consider:
Please don't lend your coins and keep them off exchanges. Stay safe. submitted by /u/itcouldbefrank |