Discussion

• @hammerstonemar3 @hammerstonemar3 on x

  $VYGVF - Crypto broker Voyager Digital said it secured loans from Alameda Research, the trading outfit from FTX founder Sam Bankman-Fried, to shore up protection for customer assets $VYGVF shrs are -93% over past 52-weeks https://www.bloomberg.com/... via @markets

• @denomeme @denomeme on x

  Alameda Research casually bails out Celsius competitor. 🤔 https://twitter.com/...

• @matt_hougan Matt Hougan on x

  Three thoughts this AM: 1) The market testing the downside over a low-liquidity long weekend is predictable; 2) SBF stepping in to back Voyager feels big; crypto needed a Buffet-backs-Goldman moment. 3) stETH will hold ultimately hold; the arb is too attractive above ~10%-15%.

• @matt_hougan Matt Hougan on x

  This is blunt signaling from @SBF_FTX. So far: a) Backstopped Voyager b) Told NPR firms like FTX had a duty to step in to stop contagion c) Most tellingly, chose to highlight that in a tweet “Here but no further” is the message. This is the kind of thing bottoms are made of. http…

• @timduy Tim Duy on x

  Lol, the crypto world falls back on the oldest excuse in the book - no really, it's the Fed's fault. https://twitter.com/...

• @eisingerj Jesse Eisinger on x

  If only the govt could come in to bail out & regulate the market created to be free of the oppressive yoke of govt https://twitter.com/...

• @autismcapital @autismcapital on x

  Sam is brilliant. He deliberately drives companies into financially ruin then gives them an out through a loan so they become reliant and indebted. This gives him more influence as he continues to gain territory and complete control of the game board. https://www.bloomberg.com/..…

• @vgxistheway @vgxistheway on x

  Being able to secure a line of credit of this magnitude given the current climate says a lot about your business. @Ehrls15 $VGX #VGX #crypto4all #VGXHeroes https://twitter.com/...

• @bearnakedcrypto @bearnakedcrypto on x

  Its never good when someone has to used loans to save the market/themselves It opens them up for another attack https://twitter.com/...

• @eyepatchneil @eyepatchneil on x

  SBF just bailed out Voyager...from the losses they suffered from 3AC (still assumed, no announcement yet) Are they protecting their investment or preparing for a take over? Wild time we are in, FTX sweeping the entire crypto market https://twitter.com/...

• @aarondbennett Aaron Bennett on x

  This is what @CelsiusNetwork needs. A revolving credit line from a company that WANTS to see them succeed. https://www.prnewswire.com/...

• @investvoyager Voyager on x

  To better serve and protect our customers in current market conditions, today we announced that we signed a term sheet for a $200 million and 15,000 BTC revolving line of credit with industry leader, Alameda Research. Read the release: https://www.prnewswire.com/...

• @davidgura David Gura on x

  “Literally, markets are scared. People with money are scared.” Amid the sell-off, shortly before #Bitcoin fell below $18,000 for the first time since 2020, I sat down with billionaire @SBF_FTX, who runs one of the world's largest crypto exchanges. https://www.npr.org/...

• @utsnakeyes @utsnakeyes on x

  Absolutely huge line of credit in this bearish market. Never doubted management at @investvoyager. This is not their first rodeo, they will come out on top out of this bear market. https://twitter.com/...

• @kamikaz_eth @kamikaz_eth on x

  This seems like a big deal Contagion continuing to spread https://twitter.com/...