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Sam Bankman-Fried’s FTX Spurred Nearly $300M Loss for Crypto Market Maker Bounce Buying and selling, Michael Lewis Says in ‘Going Infinite’

SB Crypto Guru News by SB Crypto Guru News
October 3, 2023
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Sam Bankman-Fried’s FTX Spurred Nearly 0M Loss for Crypto Market Maker Bounce Buying and selling, Michael Lewis Says in ‘Going Infinite’



The guide says Bounce was “close to the highest” of the listing of FTX’s 50 “greatest accounts whose house owners had been unable to take away their cash from the crypto alternate,” Lewis wrote. Bounce Buying and selling misplaced $206 million whereas its affiliated buying and selling agency, Tai Mo Shan Ltd., misplaced greater than $75 million, in accordance with the guide, which cited paperwork found by Constance Wang, ex-chief working officer of FTX.



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