SBF: FTX US Subscribers Expect to Recover All Assets, FTX Subscribers Expect to Recover 25% of Assets

Nov 30,2022
KingData News: In an interview with Tiffany Fong, FTX founder SBF expressed extreme regret for starting bankruptcy proceedings, claiming that "8 minutes after signing bankruptcy proceedings, there was a $4 billion liquidity replenishment"; that FTX US users were expected to get 100% of their money back and FTX users were expected to get 1/4 of their money back; and that FTX US was always 100% in reserve, even after hackers stole $250 million, it was still fully reserved.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.
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