Sam Bankman-Fried gave $400m to obscure crypto trading firm

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Sam Bankman-Fried gave $400m to obscure crypto trading firm
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Sam Bankman-Fried gave $400 million to an obscure crypto-trading firm cofounded by a Jane Street trader just 2 years out of college, report says

showed that Alameda Research, the trading firm cofounded by Bankman-Fried, invested two separate sums in Modulo — $250 million and $150 million.

One of Modulo's founders, Xiaoyun"Lily" Zhang, used to be romantically involved with Bankman-Fried, according to four people familiar with their relationship who spoke to the Times.

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