Author of "The Big Short": Jump Trading loses over $200 million in FTX bankruptcy.
According to BlockBeats' report on October 3rd, Michael Lewis, the author of "The Big Short", stated that Jump Trading lost $206 million in the FTX bankruptcy, which is one of the largest losses among all companies other than FTX or Alameda.
In addition, "Tai Mo Shan Limited" is a subsidiary of Jump Trading, which lost more than $75 million.
Of the $8.7 billion owed by FTX, the top 50 accounts held nearly half of the owed amount.
As previously reported by BlockBeats, Michael Lewis' new book about SBF, "Going Infinite: The Rise and Fall of a New Tycoon", is scheduled to be published on October 3rd, and multiple sources revealed that Apple has acquired the rights to the book for $5 million.