FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
Blog iconsojib.lens⚡(💙,🧡)
Nov 7
As speculation mounted over the weekend about the solvency of billionaire Sam Bankman-Fried's FTX crypto exchange, the FTX CEO tweeted early Monday morning that "FTX is fine. Assets are fine." "FTX has enough to cover all client holdings," he added. "We don't invest client assets (even in Treasurys). We have been processing all withdrawals, and will continue to be." Last week, CoinDesk published a story revealing the balance sheet of FTX sister company Alameda Research was loaded wi...

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