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-- should be interesting - watched all of his interviews - if ftx usa is fully solvent and no mingling was done on the US accounts - and those trading on the ot
by pigtailgirl 4y ago
-- should be interesting - watched all of his interviews - if ftx usa is fully solvent and no mingling was done on the US accounts - and those trading on the other exchanges had a different TOS with clauses related to margin accounts - very curious to see what happens - very small chance he wiggles off the hook - maybe? --
- ericpauley 4y agoThese were all lies, per Ray's house testimony [1]. FTX US had no sound financial controls keeping it isolated from the rest of FTX. [1] https://docs.house.gov/meetings/BA/BA00/20221213/115246/HHRG-117-BA00-Wstate-RayJ-20221213.pdf https://docs.house.gov/meetings/BA/BA00/20221213/115246/HHRG...
- pigtailgirl 4y ago-- my reading of this is only that the business empire as a whole was poorly managed - ftx.us was included in the ftx.com bankruptcy to avoid a run on the bank - if they were trying to avoid a run on the bank - wouldn't it further indicate the ftx.us platform indeed had funds? - most of this document is concerned with ftx.com not ftx.us --
- ericpauley 4y agoFrom the article: > FTX US was not operated independently of FTX.com.
- pigtailgirl 4y ago-- yes - same management team - operated both - but that's as much as we know for certain so far - guess we will see - that why im so curious - lot of talk here in Korea that Do Kwon wont go to jail even if they arrest him --