Exposing the Rising "DeFi Mafia" FTX and the Expansion of Alameda Behind It

Alameda Research and FTX, led by legendary trader Sam Bankman-Fried, have become a force that cannot be ignored in the DeFi world. Authored by: Xiaomao Ge With tremendous momentum and rapid progress, the development and changes in the crypto world move at lightning speed. The journey of riding the crypto wave is filled with unknowns, and the transformation from "universally acclaimed" to "universally condemned" can happen in just one step.