SBF and Alameda step in to prevent crypto collapse contagion

2022.06.20 10:56

SBF and Alameda step in to prevent crypto collapse contagion

Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market.

Numerous crypto companies are facing liquidity issues (of varying severity) as a result of the strong market downturn throughout 2022. Major firms such as Celsius and Three Arrows Capital (3AC) are both reportedly on the brink of insolvency and could potentially bring others down with them if they were to collapse.

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