Sam Bankman-Fried: "FTX US is solvent and always has been."
posted 18 Jan 2023
In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent.
?S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report.
As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users.
Just return the money, Sam!
?S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report.
As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users.
Just return the money, Sam!
More breaking news
More breaking news
Breaking news
📣 No Bitcoin Reserves for Japan: Here’s What the PM Said
