SBF: There was too much leverage, a run on the bank and market crash exhausted liquidity

2022/11/16 03:36

Former FTX CEO Sam Bankman-Fried tweeted: “A few weeks ago, FTX was handling $10 billion/day of volume and billions of transfers. But there was too much leverage--more than I realized. A run on the bank and market crash exhausted liquidity. So what can I try to do? Raise liquidity, make customers whole, and restart. Maybe I'll fail. Maybe I won't get anything more for customers than what's already there. I've certainly failed before. You all know that now. But all I can do is to try. I've failed enough for the month. And part of me thinks I might get somewhere.”

bullishbullishbullish5bearishbearishbearish3LikePartager
Clause de non-responsabilitéLe contenu ci-dessus ne représente pas les positions de HTX.HTX ne fournit pas de recommandations de trading.

Articles connexes

  • FTX Token spikes 70% amid looming bankruptcy distributions

  • Image

    Which tokens could FTX dump on the market?

  • Image

    FTX’s FTT Token Spikes 43%, A Revival In The Works?

Tous les commentaires0RécentPopulaire

RécentPopulaire
noContent

Pas de données

Articles connexes

  • FTX Token spikes 70% amid looming bankruptcy distributions

  • Image

    Which tokens could FTX dump on the market?

  • Image

    FTX’s FTT Token Spikes 43%, A Revival In The Works?