SBF Considered Closing Alameda in September

According to charges filed by the CFTC, SBF considered closing Alameda in September.

The disgraced former CEO reportedly drafted and shared a document titled "We came, we saw, we researched," which questioned whether Alameda should be permanently shut down. "I only started thinking about this today, and so haven’t vetted it much yet," wrote SBF. "But I think it might be time for Alameda Research to shut down. Honestly, it was probably time to do that a year ago.”

In addition, SBF also listed a number of reasons for closing the trading shop, including that Alameda doesn't justify the current cost of capital and Alameda was not making enough money to justify its existence. "The fact that we didn’t hedge as much as we should have alone cost more in EV than all the money Alameda has ever made or ever will make."