SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and "run on the bank" reduced it to $9B ahead of the bankruptcy (Nikhilesh De/CoinDesk) - TechnW3
SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and "run on the bank" reduced it to $9B ahead of the bankruptcy (Nikhilesh De/CoinDesk) - TechnW3
from TechnW3
Nikhilesh De / CoinDesk:
SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and “run on the bank” reduced it to $9B ahead of the bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
from TechnW3
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