it does sound like setting up and infrastructure to handle the trades at volume was the hard part
Bankman-Fried launched a crypto-trading firm called Alameda Research in 2017. The company now manages over $100 million in digital assets. The firm’s large-scale trades made Bankman-Fried a self-made billionaire by the age of 29. He is also the CEO and founder of the FTX Exchange, a...
www.yahoo.com
but I think it's more like SBF's wealth was built on crypto arbitrage in general and the article is just exaggerating the kimchi premium part
sounds like a lot of people were doing the trade but maybe he was an early mover and/or had a more robust trading infrastructure?
either way pretty sure it's not some legendary feat Wall Street elites are discussing in hushed tones
idk it's an in-house fluff piece written by a guy who by his own admission isn't really finance literate
which is a big part of what makes the article so great, of course