shel

The Transsexual Chofetz Chaim

Mutant, librarian, poet, union rabble rouser, dog, Ashkenazi Jewish. Neuroweird, bodyweird, mostly sleepy.


I write about transformative justice, community, love, Judaism, Neurodivergence, mental health, Disability, geography, rivers, labor, and libraries; through poetry, opinionated essays, and short fiction.


I review Schoolhouse Rock! songs at @PropagandaRock


Website (RSS + Newsletter)
shelraphen.com/

amypercent
@amypercent

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


ietyler
@ietyler

According to Wang, the limit was originally set to “a few million dollars”, but was then increased to $1 billion. After they ran up against that limit, too, Bankman-Fried asked him to set it to a number so large that they wouldn’t likely hit the limit. At that point, Wang set it to around $65 billion.

also Caroline Ellison just testified Sam Bankman-Fried said he was gonna be president. Sounds about right.


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