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![stoked_on_waves Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1546011858649300993.png) Alex Taussig [@stoked_on_waves](/creator/twitter/stoked_on_waves) on x 1765 followers
Created: 2025-07-21 17:55:01 UTC

Why does the kevin tang trade work? It seems like he is often offering a worse deal than a straight liquidation. Is it because liquidation is unpleasant and the board/manager don’t want to do it?


XXX engagements

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**Related Topics**
[chapter 11](/topic/chapter-11)
[tang](/topic/tang)

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