BREAKING: SBF of FTX spoke with Unusual Whales and panelists today on Twitter spaces.
He seemingly appeared to suggest new uncovered concerns, particularly along wire transfers, tokenized stocks and that money was never properly moved to FTX customer accounts.
This is unusual.
He seemingly appeared to suggest new uncovered concerns, particularly along wire transfers, tokenized stocks and that money was never properly moved to FTX customer accounts.
This is unusual.
Q: The money was never properly moved to FTX customer accounts correct?
SBF: The ledger entries properly, I don't know that the assets were moved over
Q: So it sounds to me the answer is probably no
SBF: That very well might be right.
SBF: The ledger entries properly, I don't know that the assets were moved over
Q: So it sounds to me the answer is probably no
SBF: That very well might be right.
Q: In your opinion, does allowing users and all accounts to withdraw funds that may not have been theirs but another’s customers constitute a problem?
SBF: Uh...It's a good question.
SBF: Uh...It's a good question.
Q: Because customer funds and deposits were not backed 1 to 1, can you confirm with us whether tokenized shares of $AMC, $GME and others were backed one to one?
SBF: To my knowledge they were. But I want to get you a better answer to that question.
SBF: To my knowledge they were. But I want to get you a better answer to that question.
Q: Sam, are you playing videogames right now?
SBF: *clicks* yes.
Q: I find it incredibly disrespectful that you are playing videogames while talking to us...
SBF: ... do you have a question?
SBF: *clicks* yes.
Q: I find it incredibly disrespectful that you are playing videogames while talking to us...
SBF: ... do you have a question?
Q: Why was the Block being funded?
SBF: I don't have details.
SBF: I don't have details.
There's a lot more.
The whole interview is Unusual, with a lot of fire.
Listen to the whole thing below:
unusualwhales.com/sbf-interview
The whole interview is Unusual, with a lot of fire.
Listen to the whole thing below:
unusualwhales.com/sbf-interview
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