When a spreadsheet listing Sam Bankman-Fried’s venture investments were published by the Financial Times earlier this month, a couple of lines stood out. They showed the former cryptocurrency kingmaker’s hedge fund, Alameda Research, had invested a total of $400 million into a company called Modulo Capital. Though this amounted to one of Bankman-Fried’s largest venture capital bets, Modulo’s identity was a mystery, giving rise to plenty of speculation. (Coindesk)
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FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M
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