Does anyone from his class at MIT know this guy? Was he involved in the Bitcoin community there? Where did he come from? How did he go from Jane Street intern to $25 million per day arbitrage?
> With SBF’s initial $50,000 compounding at 10 percent each day, the next step was to increase the amount of capital. At the time, the total daily volume of crypto trading was on the order of a billion dollars. Figuring he wanted to capture 5 percent of that, SBF went looking for a $50 million loan. Again, he reached out to the EA community. Jaan Tallinn, the cofounder of Skype, put up a good chunk of that initial $50 million.
AFAIK he seemed a decent fellow (but that's 2nd hand) and about par for the trading space. But that was then. Obviously now in hindsight, he seems to have been different in some intangible ways.