Going Infinite: The Rise and Fall of a New Tycoon

by Michael Lewis

That’s why we’ve partnered with Tom and Gisele.” Partnered. Again, strictly true. It didn’t capture the spirit of the relationship. Sam had agreed to pay Tom Brady $55 million, and his then-wife, Gisele Bündchen, another $19.8 million, for twenty hours of their time each, over the next three years.

Most went to work for Google, or for high-frequency trading firms. Jump Trading, Tower Research Capital, Hudson River Trading, Susquehanna International Group, Wolverine Trading, Jane Street Capital:

Virtu Financial applied to the US Securities and Exchange Commission to sell shares to the public. Its prospectus revealed that in 1,238 days of trading, it had had exactly one losing day.

Sam explained how Jane Street made money, and added that the crypto markets were dominated by retail traders who didn’t pay much attention to price discrepancies from one crypto exchange to the next.

Solana, because it could process tens of thousands more transactions per second than Bitcoin, was perhaps better designed than Bitcoin to fulfill Satoshi’s original vision and become a means of exchange.

Ray was inching toward an answer to the question I’d been asking from the day of the collapse: Where did all that money go? The answer was: nowhere. It was still there.