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amypercent

A M Y (bluesky @amy-percent)

@amypercent

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cringe (trans) software developer

I'm gonna try bluesky



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amypercent
A M Y (bluesky @amy-percent)@amypercent10/7/2023, 6:46 PM

The code change to allow Alameda Research to borrow basically unlimited money from FTX was really unsubtle

Today, the prosecution grilled Wang on a single, damning column in FTX’s databases. Called “allow_negative,” it allowed Alameda to have a negative balance. Alameda could withdraw money even when its accounts didn’t have any, and it had an enormous line of credit

From https://www.theverge.com/2023/10/6/23906899/ftx-alameda-sam-bankman-fried-trial-gary-wang-testimony

#ftx#SBF#Sam Bankman-Fried#Alameda Research#crypto#grifts

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