Sam Bankman-Fried Speeches After a Long Time: Here’s His Last Word!

Cryptocurrency FTX founder Sam Bankman-Fried, who did not fall on the agenda of the world and attracted attention again with his last strange Tweets, made a post consisting of sentences instead of single-letter Tweets after a long time.

SBF’s previous tweets include “What Happened?” He had shared.

Afterwards, the SBF said:

“NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. ALL OF THIS IS AS I REMEMBER, BUT MY MEMORY MAY BE WRONG IN SOME SECTIONS.”

12) To the best of my knowledge, as of post-11/7, with the potential for errors:

a) Alameda had more assets than assets M2M (but not liquid!)
b) Alameda had margin position on FTX Intl
c) FTX US had enough to repay all customers

Not everyone necessarily agrees with this

— SBF (@SBF_FTX) November 15, 2022

In its last post today, SBF used the following statements:

“I will tell you what happened. But for now, let’s talk about where we are today.

As far as I know, as of November 7, with the possibility of being wrong:

a) Alameda had more assets than M2M liabilities (but not liquid!)

b) Alameda had a margin position on FTX Intl

c) FTX US had enough money to refund all customers

Not everyone needs to participate in it.”

FTX filed for bankruptcy last week, but according to people familiar with the matter, the founder of the cryptocurrency exchange still thinks it can raise enough money not to victimize users.

Bankman-Fried, along with a few remaining employees, spent the past weekend searching the perimeter to get commitments from investors to close an up to $8 billion gap in hopes of repaying FTX’s customers.

Efforts to close this gap have so far been unsuccessful. The Wall Street Journal was unable to determine what Bankman-Fried was offering in exchange for a possible cash flow, or whether any investors were making a commitment.

*Not investment advice.