SBF

SBF @SBF_FTX

23) Roughly 25% of customer assets were withdrawn each day--$4b. As it turned out, I was wrong: leverage wasn't ~$5b, it was ~$13b. $13b leverage, total run on the bank, total collapse in asset value, all at once. Which is why you don't want that leverage. --- — PolitiTweet.org

SBF @SBF_FTX

25) Last night I talked to a friend of mine. They published my messages. Those were not intended to be public, but I guess they are now. https://t.co/yH9aKmESY8 — PolitiTweet.org