Nostr Web Client

Interesting analysis of the backend code created by Wang by request from SBF to allow Alameda to trade with FTX customer funds.

How many fiat banks do you think have been doing this for generations without code?

Also, ironic that FTX have turned a profit, primarily due to their investment in Anthropic, meaning the administrators are able to pay off most, if not all of the creditors.

https://www.youtube.com/watch?v=wbuhIIyfoWo

Stu 1y ago

If only FTX had registered as a bank. 🙄

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Discussion

mike 1y ago

Check out Xapo Bank.

Also, fun fact, I'm a customer 😂

Ralphie 1y ago

1,000 USD annual fee ftw?

mike 1y ago

Only for you newbies 😂

Ralphie 1y ago

Also for existing customers

mike 1y ago

Nope

Ralphie 1y ago

Why?

mike 1y ago

I’m special

Ralphie 1y ago

You ARE special. The new elite.

So, this fee applies for new customers that sign up after date X or to all customers?

Ralphie 1y ago

*new customers

mike 1y ago

I think because I was very early I remain on the original fee.

Also I DM’d Seamus (the CEO) on Xitter about their shit app and have been helping them on the technical front.

I threatened to open my own bank and compete if they didn’t sort out their issues

Ralphie 1y ago

That's the spirit.