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FTX actually had a TRUMPLOSE item on its balance sheet. From today's Matt Levine's Money Stuff today... >In all, the spreadsheet says FTX Trading’s assets were
by hnburnsy 4y ago
FTX actually had a TRUMPLOSE item on its balance sheet. From today's Matt Levine's Money Stuff today...
>In all, the spreadsheet says FTX Trading’s assets were $900mn of “liquid” assets, $5.5bn of “less liquid” assets consisting of crypto tokens, and $3.2bn of illiquid private equity investments. There is also an obscure $7mn holding called “TRUMPLOSE”. There are no bitcoin assets listed, despite bitcoin liabilities of $1.4bn.