As the cryptocurrency exchange FTX turned into a wreck with the crises, it was noticed that CEO Sam Bankman-Fried and his lawyers deleted retrospective tweets.
FTX, which could not overcome the liquidity crisis, experienced a great collapse by including the entire crypto money market. The world’s largest cryptocurrency exchange Binance’s According to the latest developments, with FTX, which fell into a void when the rescue efforts did not yield any results. TRON founder Justin Sun interested. While this complicated and painful process continued, the supervisory institutions and leading states broke the silence.
According to the statements made yesterday US Securities and Exchange Commission (SEC) with Commodity Futures Contracts Commission (CFTC) FTX’s experience as part of its joint investigation liquidity crisis has been examined.
terra (LUNA) the process after the collapse and the founding of Do Kwon Interpol Considering that he has become a wanted person with a red notice, FTX founder Sam Bankman-Fried may also have tough days. Aware of these challenging days ahead, the team sought to destroy the evidence that could allegedly be used against them.
An FTX lawyer shared recently that FTX does not have any liquidity issues. deleting the tweet did not go unnoticed. Shared by Sam Bankman-Fried before this event “your funds are safe” was also deleted. Bankman-Fried reassured his followers as part of a series of tweets that aired on Nov. 7 that his struggling stock market was doing well.
Bankman-Fried shared the following statements:
FTX is enough to cover all client assets. We do not invest in client assets. We have processed all withdrawals and will continue to process them.
Bankman-Fried’s decision to delete the aforementioned tweets led to speculation at the time of posting that FTX did not have enough assets to cover its customers’ assets. Although FTX tries to eliminate the evidence that can be used in possible future investigations, it seems that this will not change the inevitable end for them.