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Dear @SBF_FTX. This is not a balance sheet. A balance sheet doesn't record "balances", it records assets on one side of the sheet and liabilities plus equity on the other. The "balance" is whether the totals on the two sides agree. #basicaccounting Excerpt from Sam Bankman-Fried's substack showing what he ca
Dear @SBF_FTX. Since FTX was channelling customer funds to Alameda, we already know FTX was not dependent on Alameda for liquidity. Where is the chart showing Alameda's dependence on FTX?
Dear @SBF_FTX. Revenue is not profits. Chart labelled "FTX International Daily Revenue" p
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