📢 Alameda engineer broke the news: SBF stole my life savings!
Recently, a former Alameda Research engineer broke the news on Twitter that his former boss, Sam Bankman-Fried (SBF), had stolen his life savings. The engineer also revealed some interesting facts about SBF, let’s take a look!
When he first joined Alameda, the engineer recalled, the company's offices were on the fourth floor of a modest office building in downtown Berkeley, a building it shared with names like Pacific Lutheran Theological Seminary. At the time, Alameda/FTX was not a widely known company.
He also revealed that SBF has said that decentralization is the future, but the company he founded, FTX, is a centralized exchange. This seems to be a contradiction. Perhaps SBF believes that decentralized finance is the future, but it is not mature yet and needs centralized exchanges to help it develop. Perhaps he believes that decentralized finance and centralized finance can coexist and play a role in their respective fields.
The engineer also revealed that SBF had planned to move the entire company to a small island in the Caribbean and build a vaccine factory in the Bahamas to solve the problem caused by the slow speed of the US Food and Drug Administration (FDA) in approving drugs. medical issues. However, the SBF ultimately did not build the vaccine factory and did not eradicate malaria. His most trusted customers, investors, and employees were all in financial trouble, and the unfinished FTX headquarters lay in ruins on the beach in Nassau.
The engineer said his experience at FTX/Alameda was too complex to recount in a single article. If you are interested in the various things he experienced internally, please leave a reply in the comment area! Let’s unveil the mystery of SBF together!