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Like the Excel Spreadsheet that FTX was shopping around but accurate and with no "“Hidden, poorly internally labeled ‘fiat@’ account" entry. SVB may have screw
by Symmetry 4y ago
Like the Excel Spreadsheet that FTX was shopping around but accurate and with no "“Hidden, poorly internally labeled ‘fiat@’ account" entry. SVB may have screwed up badly but I don't think anyone is accusing them of bad record keeping or any other impropriety.
- ambicapter 4y agoI suspect the FDIC made that spreadsheet on Friday/Saturday after taking over the bank and its quality is way higher than Bankman's.
- seanhunter 4y agoYes. No suggestion of fraud here so there's no reason it shouldn't be just a dump out from the systems of record.