Arbitrage Opportunities
Sam discusses a lucrative trading opportunity where Korean bitcoins were priced significantly higher than their American counterparts. By leveraging the unrestricted Japanese yen, he and his team devised a complex strategy that could yield substantial profits, despite their limited initial capital. This venture, born from a makeshift team of friends and community members, led to impressive daily earnings and a drive to scale their operations further.In this clip
From this podcast
Acquired
FTX (with Sam Bankman-Fried & Mario Gabriele)
Related Questions