Pretty Caroline betrays Sam in full 🤪 Former head of Alameda Research Caroline Ellison admitted that: ▪️ Alameda had an unlimited, interest-free and unsecured line of credit at FTX. ▪️ All the minuses on Alameda accounts were immediately closed with the money of FTX clients. ▪️ FTX investors were misled by drawing reports for them with full balances of cryptocurrencies on the exchange. "If Alameda's accounts had significant negative balances in a particular currency, it meant that Alameda was borrowing funds that FTX customers had deposited on the exchange." And the classic to understand and forgive: "I sincerely regret what I did. I knew it was wrong." P.S. Now it’s clear why the beautiful Caroline did not respect stop losses, with direct access to FTX clients’ funds, they are really not needed 😁
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