Newly released court documents reveal a “$65 billion back door” that FTX had set up for Alameda, the now-defunct crypto exchange’s trading arm. A case docket with a deck detailing FTX’s assets and liabilities shows that Alameda Research had the ability to borrow up to $65 billion from FTX without posting collateral, while FTX customers The post Court Docs Reveal FTX Allowed Alameda to Borrow $65,000,000,000 for Trading, Made Firm Exempt From Liquidation appeared first on The Daily Hodl .
