Transcript: Zeke Faux, Number Go Up
Barry Ritholtz
NOVEMBER 7, 2023
He sunk all the profits into Bitcoin, he’s levered up and borrowed money and bought Bitcoin. And he says things like Bitcoin is a flock of cyber, hornets stinging the financial system to death. The profits are very small, but Alameda’s cost of capital was very low since they were borrowing all the customer money.
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