SBF's Latest Statement: The Real Reasons and Process Behind Alameda's Hundreds of Billions of Dollars in Losses
At the end of 2021, Alameda's balance sheet reached a net asset value of approximately $100 billion, with a value of $50 billion remaining after excluding related assets such as SRM. However, due to insufficient market hedging, its assets have depreciated by over 80% this year alongside the market crash.
