Sam Bankman-Fried: FTX US Had The Money To Cover The Assets Of The Customers

Sam Bankman-Fried, former CEO of FTX, said that FTX US has enough money to reimburse its customers.
 Sam Bankman-Fried: FTX US Had The Money To Cover The Assets Of The Customers
READING NOW Sam Bankman-Fried: FTX US Had The Money To Cover The Assets Of The Customers

Sam Bankman-Fried, former CEO of FTX, said that FTX US has enough money to reimburse its customers.

The former CEO of bankrupt FTX made an important statement on Twitter about FTX US and Alameda Research.

The SBF listed what it knew as of November 7:

“As far as I know on November 7:
a) Alameda had more assets (but not liquid) than M2M liabilities
b( Alameda had a margin position at FTX Intl.
c) FTX US had enough funds to reimburse all customers.
Surely not everyone will agree with it.”

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