Former FTX CEO Sam Bankman-Fried hinted in a string of cryptic tweets that he plans to provide an explanation of 'what happened' with the crypto exchange company's sudden collapse.
Former FTX CEO Sam Bankman-Fried hinted in a string of cryptic tweets that he plans to provide an explanation of"what happened" with the crypto exchange company's sudden collapse.of tweets on Sunday through Tuesday spelling out"What h-a-p-p-e-n-e-d," with the word"happened" spelled via separate tweets for each character across a 24-hour period. " then added in a following tweet,"I'll get to what happened.
The posts generated thousands of likes and retweets by Tuesday morning. Regarding his recall of events Bankman-Fried also cautioned"my memory might be faulty in parts."In a Tuesday afternoon tweet, Bankman-Fried said the company's trading arm, called Alameda Research,"had more assets than liabilities" after November 7, and that"FTX US had enough to repay all customers." He added,"Not everyone necessarily agrees with this.
"There is substantial interest in these events among regulatory authorities around the world," according to the FTX court filing.
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