With bonus backdoors that allowed him to move money without alerting auditors.
From what I've read, on the last day of 'solvency', FTX had $900M in 'liquid' assets backstopping $9B.
https://finance.yahoo.com/news/ftx-held-just-900-million-105931146.html
But yes, the big story of the day is that the 'regulators' were in bed with the scam -- tale as old as time!
well you know, so many people went to jail for 2008, how could you expect any less?
If you realized in 2008 like many did that the entire system is a scam, every industry in this damn country, then 2020 wasn't much of a surprise to you.
"I'm already against the next bailout."
I was against the first one...in the day.
LOL remember when a $600B graft was huge news?
Who could forget? `\_(тАв_тАв)_/` ЁЯШЙ
With bonus backdoors that allowed him to move money without alerting auditors.
From what I've read, on the last day of 'solvency', FTX had $900M in 'liquid' assets backstopping $9B.
https://finance.yahoo.com/news/ftx-held-just-900-million-105931146.html
But yes, the big story of the day is that the 'regulators' were in bed with the scam -- tale as old as time!
well you know, so many people went to jail for 2008, how could you expect any less?
If you realized in 2008 like many did that the entire system is a scam, every industry in this damn country, then 2020 wasn't much of a surprise to you.
"I'm already against the next bailout."
I was against the first one...in the day.
LOL remember when a $600B graft was huge news?
Who could forget? `\_(тАв_тАв)_/` ЁЯШЙ