11-11-2022, 07:07 AM
Apparently Alameda is trying to short USDT on DeFi
<!-- SC_OFF --><div class="md"><p>So apparently Alameda is trying to supply USDC on aave, then borrow USDT on aave followed with a swap of USDT to USDC on curve.</p> <p>They are doing so with a quarter of a million dollars. ($250.000).</p> <p>At this point they do not care about the crypto ecosystem they are trying to save their asses. </p> <p>FTX reportedly had over $30 billion USDT, many of which we can assume were transfered to Alameda. </p> <p>USDT has depegged slightly (arround a cent) but we know that USDT isn't built on the strongest fundations. </p> <p>Stay safe frens</p> <p><a href="https://etherscan.io/tx/0x3a91935b5541ff3270a58401ae1b312ea31391efc4de8ebf7589b532ef772699">Ethereum Transaction Hash (Txhash) Details | Etherscan</a></p> <p>Edit: <a href="https://twitter.com/simianderiv/status/1590686564602245121?t=VKC6-OKvC0mo4YSJhkjRMg&s=19">https://twitter.com/simianderiv/status/1590686564602245121?t=VKC6-OKvC0mo4YSJhkjRMg&s=19</a></p> <p>Curve's pool is getting very unbalanced</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Snowflake8050"> /u/Snowflake8050 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yrcih7/apparently_alameda_is_trying_to_short_usdt_on_defi/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yrcih7/apparently_alameda_is_trying_to_short_usdt_on_defi/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So apparently Alameda is trying to supply USDC on aave, then borrow USDT on aave followed with a swap of USDT to USDC on curve.</p> <p>They are doing so with a quarter of a million dollars. ($250.000).</p> <p>At this point they do not care about the crypto ecosystem they are trying to save their asses. </p> <p>FTX reportedly had over $30 billion USDT, many of which we can assume were transfered to Alameda. </p> <p>USDT has depegged slightly (arround a cent) but we know that USDT isn't built on the strongest fundations. </p> <p>Stay safe frens</p> <p><a href="https://etherscan.io/tx/0x3a91935b5541ff3270a58401ae1b312ea31391efc4de8ebf7589b532ef772699">Ethereum Transaction Hash (Txhash) Details | Etherscan</a></p> <p>Edit: <a href="https://twitter.com/simianderiv/status/1590686564602245121?t=VKC6-OKvC0mo4YSJhkjRMg&s=19">https://twitter.com/simianderiv/status/1590686564602245121?t=VKC6-OKvC0mo4YSJhkjRMg&s=19</a></p> <p>Curve's pool is getting very unbalanced</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Snowflake8050"> /u/Snowflake8050 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yrcih7/apparently_alameda_is_trying_to_short_usdt_on_defi/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yrcih7/apparently_alameda_is_trying_to_short_usdt_on_defi/">[comments]</a></span>