FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
coindesk.com
coindesk.com
Hopefully the judge sees that and won t fall for more SBF-shilling by journalists and the like.
SBF is trying that claim himself to try and get a reduced sentence because the bankruptcy process is going better than people expected when the shit hit the fan.
How is the token still trading? I thought FTX has already collapsed.
It’s fairly illiquid on most non bucket shop exchanges though
Uniswap is Silicon Valley based and venture backed, they launched the AMM and liquidity pool technology, it was immediately cloned and on its own removed the exchange gatekeeping from the equation about what can trade but the clones took that to a rabid level, there is no limit to what can have price discovery now. It doesnt need prestige or coordination for fungibility and exchange “listing” to exist
so everything trades now. liquidity is just parked in a pool, often irreversibly, so dead and defunct things always continue trading.
Most importantly, it’s fun
As an insider to the market making industry[1] I find it deeply unfun. I've long thought that Id take less money for more intellectually stimulating work.
[1] in real markets, not mickey mouse crypto markets.
I can tell you it definitely doesn't feel like that. It constantly feel like there's more ideas than time to implement them.