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SBF: FTX US Had Enough To Repay All Customers

On Tuesday, Bankman-rambling Fried’s Twitter thread continued, most recently with the assertion that “FTX US had enough to repay all customers,” which he simultaneously refutes with the qualifiers that “not everyone necessarily agrees.”

On Sunday, he admitted to the New York Times that he was making up the series of cryptic tweets he had sent out over the previous two days and that he could not explain them. Recently, to address this issue, SBF posted 9 tweets with the compound word “What HAPPENED.”

Bankman-Fried added on Tuesday that Alameda Research, a sister trading company, had more assets than liabilities. He also stated this in the update to the Twitter thread.

Bankman-Fried stated in the most recent update to the thread that he had been personally meeting with regulators and collaborating with teams to “do what we can for customers.”

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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