There Were Internal Drafts to Close Alameda Research
An unpublished press release from SBF saying he was shutting down Alameda Research was made public during the trial. The threads posted on X, formerly Twitter, on Oct. 10 show a coordinated plan in place to shut down Alameda because of fear, uncertainty, and doubt surrounding the relationship between SBF’s companies. That’s what the planned press release said, at least, but the prosecution has certainly shown a few more legitimate reasons why Alameda wasn’t the best company. It’s unclear why the planned tweet thread was never published, but the posts made clear that there was coordinated concern on SBF’s part as well.
