Replying to Avatar Leo Wandersleb

Many of the replies read the "unlimited" wrong. They commingled funds of multiple accounts where usual customers could only take out what they put in while others did not have this limit. They could take out what all together put in which is not really unlimited but ... good enough.

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Leo Wandersleb 2y ago

Holy shit! I got it wrong! Alameda had a $65B line of credit to trade on FTX. That has nothing to do with the balances others had there.

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