4 ms·
FTX's current CEO, in charge of the bankruptcy, explained why SBF was, once more, full of it. The accounting by which FTX.us would be solvent relies on the $25
by TacticalCoder 4y ago
FTX's current CEO, in charge of the bankruptcy, explained why SBF was, once more, full of it. The accounting by which FTX.us would be solvent relies on the $250m that LedgerX owns (FTX.us bought LedgerX). The problem is that... These $250m came from Alameda and is money stolen from customers and investors as part of the multiple frauds SBF committed.