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Could be for market making, or to mix to other addresses for privacy.
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Are Alameda here yo support projects or just deals to profit on them...it should be support and profit model..not profit and destroy
Sam's team followed proper protocol. They communicated the terms and it was agreed upon by both parties. They did everything right. The proper trading protocol is by email or if it's done by phone, then it's on a recorded line.
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i keep it simple in terms of which side to choose: why should alameda bitch about 20 million if it fucks completely with their reputation? no need of them to harm a small project just for the $ lol.
after reading both accounts - it seems that Alameda didn't really plan on being a long-term partner/investor - what Reef was looking for - which in my book is totally fine - it seems the two parties had differing expectations and no written contract...
I read the two articles . Someone is trying to make money. Sam is a business man but Sam ,you are a strategic investor for reef . Blockchain doesn’t lie. Explorer shows the true statement.
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Nobody can judge except you read both statements. Blockchain doesn’t lie. People lied.