Former FTX boss SBF stated that the presentation published by the FTX debtors’ law firm is 'extremely misleading' and that FTX US is solvent.
on Twitter, “FTX US is solvent, as it always has been.” The blog post echoes this statement and asserts discrepancies between Sullivan & Cromwell’s reporting and SBF’s spreadsheet.
He disputes the assertion in the presentation that FTX US has a “shortfall” and maintains that FTX US is not insolvent. “S&C claims that FTX US has a shortfall,” SBF said in his latest blog post. “That claim is false. Based on S&C’s own data provided in the same court presentation, FTX US had roughly $609 million of assets backing roughly $199 million in customer balances. FTX US was solvent when it was turned over to S&C, and almost certainly remains solvent today.
Despite SBF’s claims, several people on social media mocked the FTX co-founder and specifically criticized his Excel spreadsheet. “Bro typed out a couple of numbers in 5 mins thinking it’s gonna be his get out of jail free card,” one person
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Ex-FTX executive Brett Harrison slams ‘spiteful’ Sam Bankman-FriedBrett Harrison spent less than 18 months as president of FTX US. During that time, he said he noticed signs of trouble.
Les mer »
FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solventBankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks.
Les mer »
Why billionaire Bill Ackman isn't condemning FTX's Sam Bankman-FriedBill Ackman keeps finding reasons not to condemn disgraced FTX founder Sam Bankman-Fried for fraud. Here's why, in the billionaire's 8 top quotes.
Les mer »
Bankman-Fried says claims made by FTX lawyers 'misleading'FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company's lawyers on Tuesday, saying that they were 'extremely misleading' and that FTX U.S. was and is solvent.
Les mer »
FTX bosses like Bankman-Fried gave funds to 37% of Congress: CoinDeskFTX execs gave campaign cash to 37% of Congress, including House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer, report says
Les mer »
Anthony Scaramucci Calls Sam Bankman-Fried the Bernie Madoff of Crypto'The ninth circle of Hell' awaits SBF for his betrayal, Scaramucci stated.
Les mer »