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Sam Bankman-Fried?s Empire Was Crushed by This Infamous Balance Sheet. Here?s More of the Story
Posted on 09/21/2023
The infamous balance sheet of Sam Bankman-Fried?s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk?s Ian Allison. The article raised questions about how sturdy the company?s financial underpinnings were ? and, by extension, how safe Bankman-Fried?s better-known crypto exchange FTX was. For the protection of our sources we are not publishing the document itself but rather describing its contents ? in finer detail than ever before.
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