On paper, billionaire Sam Bankman-Fried’s cryptocurrency empire is split into two parts: FTX, his exchange, and Alameda Research, his trading firm – both giants in their respective industries. However, a private financial document shows Alameda’s balance sheet includes billions of dollars in FTT, the native token of FTX, blurring the line between the two companies.
![The State of Eth2, Jan 2021 [ENG/普通话]](https://storage.googleapis.com/ethereum-hackmd/upload_47c90a1331094cf794adf6539a7f8205.jpg "The State of Eth2, Jan 2021 [ENG/普通话]")
