SBF Will not Cease Tweeting, Now Claims FTX US ‘Had Sufficient to Repay All Prospects’

 SBF Will not Cease Tweeting, Now Claims FTX US ‘Had Sufficient to Repay All Prospects’



Regardless of the collapse of FTX, the alternate’s ex-CEO Sam Bankman-Fried continues to tweet. At present on Twitter the embattled businessman asserted that FTX US had sufficient to “repay all prospects”—a minimum of as of November 7.  

Bankman-Fried, whose alternate went bankrupt on Friday, additionally mentioned Tuesday that his buying and selling agency “Alameda had extra belongings than liabilities marked-to-market (however not liquid)” and that it had a margin place on FTX Worldwide. 

However he additionally wrote that “not everybody essentially agrees with this.” 

“My purpose—my one purpose—is to do proper by prospects,” he mentioned, including: “I’m contributing what I can to doing so. I’m assembly in-person with regulators and dealing with the groups to do what we will for purchasers.”

FTX US is the American entity of crypto alternate FTX. Hackers drained funds from its sizzling wallets—and from the opposite wallets belonging to the alternate—final week. 

The FTX empire misplaced billions of {dollars} and went bust final week after it emerged that money from the alternate was getting used to make bets on Alameda Analysis—a agency additionally run by Bankman-Fried. 

The Bahamas Police and U.S. authorities at the moment are investigating FTX. 

The previous boss of the alternate has been behaving peculiarly since his enterprise collapsed final week—on each Twitter and with the press. 

Yesterday, Bankman-Fried advised the New York Instances he was “making it up as I’m going” when requested about his cryptic one-letter social media posts. 

Some SBF watchers have since theorized that the oddly timed posts coincided with the deletion of older posts that will, looking back, mirror poorly on the embattled former CEO.

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