What an absolutely wild story, and in the middle of a wild week where enough has happened for most normal full years. Thanks for the great overview! 💚 🥃
"Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times.
The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned by a Bankman-Fried vehicle not listed in Friday’s bankruptcy filing, which included 134 corporate entities"
What an absolutely wild story, and in the middle of a wild week where enough has happened for most normal full years. Thanks for the great overview! 💚 🥃
Thanks Liberty! Feel like this doc will updated lots.
It's going to cut into your next post about Twitter! haha
Such great work. Love the story and your writing style!
Thank for the read Craig!
Best roundup on the net, awesome work!
Appreciate the read, Ben!
"An insanely good read!" - Random reader
Amol! Let’s goooo 🙏
very detailed and comprehensive read, thanks a lot for this, cheer 👍👍
Thật tuyệt khi tình cờ được follow và được đọc bài viết này.
Thank you!
Have you seen this?
https://www.ft.com/content/f05fe9f8-ca0a-48d5-8ef2-7a4d813af558
"Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times.
The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned by a Bankman-Fried vehicle not listed in Friday’s bankruptcy filing, which included 134 corporate entities"
Thanks Liberty! Added that note…insane how fast this is moving.
Yeah it's crazy!
btw, the Yuno tweet of CZ with the sink is posted twice in a row.