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scoop
FTX US had enough to repay all customers, Bankman-Fried tweets
UPDATED: November 15, 2022, 12:47PM EST
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://theblock.co" target="_blank">The Block</a></span></span><span class="acf-credit"> | <span class="acf-credit"><a href="https://www.alamy.com/washington-usa-15th-sep-2022-sam-bankman-fried-ceo-and-founder-of-ftx-walks-near-the-us-capitol-in-washington-dc-on-thursday-september-15-2022-graeme-sloansipa-usa-credit-sipa-usaalamy-live-news-image482614948.html?imageid=7DED721D-1E4B-4096-B7F4-6211DA1CFE5A" target="_blank">Sipa USA/Alamy Live News</a></span></span></span>
Quick Take
- Former FTX CEO Sam Bankman-Fried has provided more information on the current state of FTX.
- He didn’t explain what events led to the exchange’s collapse.
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Former FTX CEO Sam Bankank-Fried returned to his ongoing, mysterious Twitter thread with the following:
a) Alameda had more assets than liabilities M2M (but not liquid!)
b) Alameda had margin position on FTX Intl
c) FTX US had enough to repay all customers
Not everyone necessarily agrees with this
