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It would have failed eventually. FTX was fundamentally unstable.
by __loam 3y ago
It would have failed eventually. FTX was fundamentally unstable.
- SeanAnderson 3y agoEverything fails eventually.
- redox99 3y agoRumor is that FTX is not that awful financially right now, because of their Anthropic investment.
- to11mtm 3y ago... I mean right now maybe, OTOH that space is as volatile as Crypto was 13ish months ago.
- cdchn 3y agoIf I was a bag holder in FTX I'd be absolutely on my knees praying for a piece of Anthropic as a substitute.
- nl 3y agoThe Anthropic investment is completely illiquid. It was liquidity issues that crashed FTX originally. TL;DR: they might have assets but they were and are still "awful financially"
- __loam 3y agoI think they're also fundamentally insolvent even with the anthropic investment