SBF

@SBF_FTX ↗

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Last Checked April 3, 2023

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Wed Jan 18 02:06:14 +0000 2023

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SBF @SBF_FTX

@jconorgrogan @austerity_sucks I think FTX US was always solvent, with segregated assets from FTX International this wasn't a last-minute musical chairs thing to be clear if Alameda had excess assets (+ve NAV) on FTX US at the end, *those* would likely go to FTX intl but wouldn't be counted for FTX US anyway — PolitiTweet.org

Posted Jan. 18, 2023

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SBF @SBF_FTX

@jconorgrogan I'm fairly confident that FTX US's excess cash on hand is much larger than the size of the wrapped asset issue to the extent there is one — PolitiTweet.org

Posted Jan. 18, 2023

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SBF @SBF_FTX

TL;DR: 1) S&C files, claiming FTX US is insolvent 2) S&C forgot to include bank balances, ~$428m 3) Once you add those back in, you get in the neighborhood of my prior balance sheet (~+$350m) 4) Other slides in the same filing demonstrate (2) — PolitiTweet.org

Posted Jan. 18, 2023