Apparently Alameda is trying to short USDT on DeFi

So apparently Alameda is trying to supply USDC on aave, then borrow USDT on aave followed with a swap of USDT to USDC on curve.

They are doing so with a quarter of a million dollars. ($250.000).

At this point they do not care about the crypto ecosystem they are trying to save their asses.

FTX reportedly had over $30 billion USDT, many of which we can assume were transfered to Alameda.

USDT has depegged slightly (arround a cent) but we know that USDT isn’t built on the strongest fundations.

Stay safe frens

Ethereum Transaction Hash (Txhash) Details | Etherscan

Edit: https://twitter.com/simianderiv/status/1590686564602245121?t=VKC6-OKvC0mo4YSJhkjRMg&s=19

Curve’s pool is getting very unbalanced