SBF considered shutting down Alameda in September, saying Alameda wasn’t making enough money and would reduce FTX’s liquidity

SBF considered shutting down Alameda Research in September, according to charging documents filed with the Commodity Futures Trading Commission (CFTC), The Block reported. SBF drafted and shared a document titled "We Came, We Saw, We Researched," which questioned whether Alameda should close permanently, saying "I think it may be time for Alameda Research to close. Honestly Say, it should have been done a year ago." SBF listed reasons for closing Alameda as Alameda not being able to justify the current cost of capital, and Alameda not making enough money to justify its existence, noting that Alameda It will reduce the liquidity of FTX. The SBF even drafted a Twitter thread about the Alameda closure, according to the filing. the