Troubles at Sam Bankman-Fried’s Alameda Began Well Before Crypto Crash

The trading firm took big gambles, winning some and losing plenty. Mr. Bankman-Fried remained deeply involved even after stepping down as CEO. There was a “complete lack of a risk-management framework that they could articulate in any meaningful way,” said one potential partner.

https://www.wsj.com/articles/alameda-sam-bankman-fried-ftx-crypto-crash-11672434101?mod=rss_Technology