Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Well also they made a percentage on any money coming in and out of FTX. That gave them a buffer of profit, a free money machine basically.

That could paper over any problems until the problems became big enough to sink them.

He also made and then lost a crazy amount of money at Jane Street during election night before he started all this. He was a gambler.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: