Wu Blockchain (@WuBlockchain): SBF said in a recent interview that FTX has never gone bankrupt. This was a liquidity crisis, not an insolvency problem. They had enough assets to rep…
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SBF said in a recent interview that FTX has never gone bankrupt. This was a liquidity crisis, not an insolvency problem. They had enough assets to repay all customers at the time. The problem is that the liquidity crisis caused market panic and made it impossible to quickly cash out funds. youtube.com/watch?v=T17Ug0…