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Well it has been 4 hours now, and the media has been reporting it for an hour, everyone on Twitter and Reddit is talking about it. Yet, no communication from F
by janmo 4y ago
Well it has been 4 hours now, and the media has been reporting it for an hour, everyone on Twitter and Reddit is talking about it.
Yet, no communication from FTX or SBF.
- kobalsky 4y ago> Yet, no communication from FTX or SBF. this is the biggest issue. if they are having any kind of technical issues they should be on top of it. even if everything is fine by tomorrow and withdrawals are working again, this radio silence is unprofessional and at this point it feels like they are trying to avoid saying anything that will be held up in court against them.
- toomuchtodo 4y agoEven strong denial can cause a run. See Credit Suisse as the most recent example. https://www.google.com/search?q=credit+suisse+insolvent https://www.google.com/search?q=credit+suisse+insolvent
- amluto 4y agoIf indeed the issue is that the hot wallet is empty and funds need to be transferred from the cold wallet, they could say so.