I work in crypto media. Worth noting that EA didn’t just benefit from FTX, it created FTX. Jaan loaned Alameda $50m to do the original Bitcoin arbitrage, FTX founded on the back of that with nigh a dozen EAs. Source from Sequoia archives blog below
https://archive.ph/qFJJN#selection-163.0-168.0
I work in crypto media. Worth noting that EA didn’t just benefit from FTX, it created FTX. Jaan loaned Alameda $50m to do the original Bitcoin arbitrage, FTX founded on the back of that with nigh a dozen EAs. Source from Sequoia archives blog below https://archive.ph/qFJJN#selection-163.0-168.0