Wu Blockchain (@WuBlockchain): SBF: FTX was never insolvent. The $8 billion in customer assets owed when FTX filed for bankruptcy protection never left the platform, and all custome…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- FTT+75Positive
SBF: FTX was never insolvent. The $8 billion in customer assets owed when FTX filed for bankruptcy protection never left the platform, and all customers will receive 119% to 143% repayment, with about 98% of creditors already paid 120%. After covering $8 billion in claims and $1 billion in legal fees, the bankruptcy estate still has $8 billion left. https://t.co/IGudaJOotO