2 Blog Posts by
Sam Bankman-Fried
- NY times interviewed Sam & Caroline and wrote very favourable piece. How they explained what happened:
- Alameda took out loans to fund VC investments. Lenders recalled loans but funds weren't liquid (this doesn't make sense, who borrows for long term high risk VC type investments with unknown payout periods?)
- Sam's comment on the weird cryptic tweets - "I'm making it up as I go. I'm improvising. I think it's time" - so bizzarre.
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