Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits (Financial Times)

Financial Times:

Source: Alameda Defended FTX From Up To $1 Billion Loss In April 2021 After One FTX Trader’s MobileCoin Trading Goes Bad, Wipes Alameda’s 2021 Profits— Alameda Research suffered a loss of up to $1 billion last year when customer trading for a little-known token went awry — Hedge fund Alameda Research steps…


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