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Crypto conspiracy theories abound, but prop traders are just doing their job

FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto conspiracy theories abound, but prop traders are just doing their job

FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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