December 1, 2022

FTX: Wall Road would possibly cowl the liquidity concern however not

FTX Wall Street might cover the liquidity issue but not

FTX Wall Street might cover the liquidity issue but not

It seems that Sam Bankman-Fried has not heard of blockchain’s record-keeping capabilities. In a prolonged twitter thread on Thursday, the fallen cryptocurrency tycoon blamed the collapse of his FTX change on a clerical error. That appears odd.

SBF tweeted that he mistakenly believed that FTX clients had loads of liquidity earlier this week to facilitate withdrawals. He was not conscious of leverage throughout the FTX system. He couldn’t have gotten it extra improper. Panicked FTX account…

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