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He never said FTX had enough assets to repay its creditors. Even worse, many of FTX’s assets are worthless (the FTT tokens are a prime example of this). What
by StressedDev 3y ago
He never said FTX had enough assets to repay its creditors. Even worse, many of FTX’s assets are worthless (the FTT tokens are a prime example of this).
What he said was he had never seen a company with such atrocious record keeping. BTW, the US government would not have charged Sam Bankman-Fried with fraud if the money was all there.