4 ms·

I don't think that's entire believable anymore. This direct account from a Alameda employee linked in the other frontpage discussion alleges the Hong Kong offic

I don't think that's entire believable anymore. This direct account from a Alameda employee linked in the other frontpage discussion alleges the Hong Kong office was busy at work trying to sell Alameda assets to cover ftx.us withdrawals (in addition to ftx.com). Why would ftx us need this support if they were fully segregated? https://twitter.com/libevm/status/1592383746551910400 https://twitter.com/libevm/status/1592383746551910400

pstrateman 4y ago
ftx.us and FTX US Derivatives LLC (aka LedgerX) are different things.
- blitzar 4y ago
  Its as if the reality contradicts the intention of the clickbait headline. The regulated company, couldnt share its funds with parent co, couldnt gamble them and is not going bankrupt.
  - parmenidean 4y ago
    It's also not hard to find this information — the Chairman of the CFTC said this exact thing yesterday: https://www.coindesk.com/policy/2022/11/14/health-of-ftxs-us-derivatives-arm-owed-to-oversight-says-cftc-chief-behnam/ https://www.coindesk.com/policy/2022/11/14/health-of-ftxs-us...
adastra22 4y ago
FTX.us and Alameda have absolutely nothing whatsoever to do with LedgerX, except a (very recent) shared ownership structure.