Cryptocurrency

The Exchange War: FTX Faces Liquidity Crisis – Bitcoin Magazine

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazines premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

In “The Bigger They Are,” we briefly discussed the details around Alameda Research’s balance sheet and highlighted some questions around the amount of FTT tokens they own in their asset holdings.

In short, it was revealed by CoinDesk that Alameda Research, a proprietary trading firm co-founded by FTX co-founder Sam Bankman-Fried, has a large amount of its net equity tied up in FTX’s native exchange token.

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