Modulo Capital have more in common with Bankman-Fried than some of Alameda's other venture investments. It’s a multi-strategy hedge fund founded early this year by two former Jane Street traders.
Jane Street is a New York-based proprietary trading firm where Bankman-Fried and Ellison worked prior before ruining the crypto industry. SBF was known to hire former Jane Street employees as executives or employees, including former FTX US President Brett Harrison.
Modulo was based in the Bahamas and operated from Albany, the same luxury condominium complex where Sam Bankman-Fried and other FTX and Alameda employees resided.
Funny coincidence, right?
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