CoinDesk: Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says
Alameda Research, the crypto hedge fund at the center of Sam Bankman-Fried’s and FTX’s downfall, had a “secret exemption” from the crypto exchange’s liquidation procedures, according to bankruptcy filings Thursday. CoinDesk Deputy Managing Editor Tracy Wang joins the conversation. Plus, Howard Greenberg, a Prosper Trading Academy crypto educator, shares his outlook on bitcoin (BTC) as the largest cryptocurrency by market capitalization holds firm above $16,000.
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