Yugocean
Valued Contributor
Sam Bankman-Fried's (SBF) trading company, Alameda Research, has been very quick to slant, but this time Changpeng Zhao (CZ) outweighed its move.
Alameda Research used to compromise with any company and entrap it in its market trap, then, by giving a loan to that company, it used to entangle the net in the debt trap, after which, by acting as a helper under FTX, SBF used to purchase the company with the same money. Not long ago, Alameda Research bankrupted Voyager Digital, which FTX acquired in the midst of controversies.
Alameda Research immediately swung into action on Binance's move when CZ dropped its market cap by liquidating the FTT of Binance's shares. Binance pulled itself out of its market network a year ago but had to keep a large portion of FTX's native tokens with it. Now, as soon as Alameda Research made an offer to buy the token in front of CZ, CZ rejected it and ended its move.
Alameda Research used to compromise with any company and entrap it in its market trap, then, by giving a loan to that company, it used to entangle the net in the debt trap, after which, by acting as a helper under FTX, SBF used to purchase the company with the same money. Not long ago, Alameda Research bankrupted Voyager Digital, which FTX acquired in the midst of controversies.
Alameda Research immediately swung into action on Binance's move when CZ dropped its market cap by liquidating the FTT of Binance's shares. Binance pulled itself out of its market network a year ago but had to keep a large portion of FTX's native tokens with it. Now, as soon as Alameda Research made an offer to buy the token in front of CZ, CZ rejected it and ended its move.
