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Sam Bankman-Fried gave special advantages to Alameda, and Gary Wang from FTX testified.

In a recent conversation, Wang revealed that Sam had instructed him to take necessary measures to ensure that Alameda’s accounts would always remain untouched and would not face the risk of liquidation on the FTX trading platform. This statement emphasizes the importance Sam places on safeguarding Alameda’s financial stability and assets within the cryptocurrency market.

As one of the leading figures in the cryptocurrency industry, Sam’s instructions to Wang highlight his proactive approach to risk management and his commitment to protecting Alameda’s investments. By prioritizing account security and avoiding liquidation, Sam aims to mitigate potential loss and maintain Alameda’s standing as a reputable and financially secure entity within the crypto trading realm. This strategy provides a glimpse into the measures taken by industry leaders to navigate and safeguard against market volatility and potential financial risks.

#Cryptocurrency #Trading #RiskManagement #FTX #AccountSecurity #Investments #FinancialStability #MarketVolatility

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