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FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario

Former CEO Sam Bankman-Fried tweeted that FTX has the best recovery scenario for customers.Bankman-Fried added that the firm was a few weeks away from getting there in...
FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario FTX’s Former CEO SBF Believes Firm Has the Best Recovery Scenario

  • Former CEO Sam Bankman-Fried tweeted that FTX has the best recovery scenario for customers.
  • Bankman-Fried added that the firm was a few weeks away from getting there in November.
  • FTX has reportedly recovered more than $5 billion in cash and liquid cryptos and securities.

Despite the controversial collapse of leading crypto exchange FTX, former CEO Sam Bankman-Fried (SBF) is bullish on its recovery of customers’ funds. He believes that the firm has the best recovery scenario for its users even as he is charged on many counts including fraud, conspiracy, and money- laundering.

In a response to a tweet written by Wassielawyer, Bankman-Fried said:

yup my sense is that is and always has been the best recovery scenario for customers. I think that them being made substantially whole is a real possibility; I think we were possibly a few weeks away from getting there in November. (US is solvent, should make everyone whole.)

Bankman-Fried’s tweet in turn triggered many responses. Several Twitter users pointed out how Wassielawyer’s response took a 360-degree turn from his previous contradictory viewpoints.

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21-02-2024 11:53:24 (UTC+7)

EUR/USD

1.0815

+0.0012 (+0.11%)

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EUR/USD

1.0815

+0.0012 (+0.11%)

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GBP/USD

1.2632

+0.0014 (+0.11%)

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150.01

+0.01 (+0.01%)

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0.6568

+0.0019 (+0.30%)

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1.3511

-0.0009 (-0.07%)

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162.23

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0.9527

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16,742.00

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 EUR/USD1.0815Neutral
 GBP/USD1.2632Neutral
 USD/JPY150.01↑ Buy
 AUD/USD0.6568↑ Buy
 USD/CAD1.3511Buy
 EUR/JPY162.23↑ Buy
 EUR/CHF0.9527↑ Buy
 Gold2,041.60↑ Buy
 Silver23.203↑ Buy
 Copper3.8688↑ Sell
 Crude Oil WTI77.31↑ Buy
 Brent Oil82.65↑ Buy
 Natural Gas1.706Sell
 US Coffee C188.03↑ Buy
 Euro Stoxx 504,759.75↑ Sell
 S&P 5004,975.51↑ Buy
 DAX17,068.43Sell
 FTSE 1007,719.21↑ Buy
 Hang Seng16,742.00Sell
 Small Cap 20002,003.65↑ Buy
 IBEX 3510,038.20Sell
 BASF46.045↑ Sell
 Bayer28.77Neutral
 Allianz249.40Sell
 Adidas181.12↑ Buy
 Lufthansa7.339↑ Buy
 Siemens AG168.72Neutral
 Deutsche Bank AG11.954↑ Sell
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SJC Eximbank7,630/ 7,800
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Cập nhật 21-02-2024 11:53:26
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Cập nhật lúc 11:46:28 21/02/2024
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