Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
kadhim (＾ｰ^)ノ Profile picture
kadhim (＾ｰ^)ノ
@kadhim
reporter @FT –– signal/whatsapp: +447506277669 –– email: kadhim@ft.com/kadhimshubber@pm.me –– mail: 1 Friday Street EC4M 9BT London UK –– telegram: kadhimFT
3 subscribers
Mar 27, 2023 • 9 tweets • 4 min read
The CFTC lawsuit against Binance and founder CZ: storage.courtlistener.com/recap/gov.usco… Binance trades on its own exchange through "house accounts", says CFTC
Dec 27, 2022 • 5 tweets • 3 min read
NEW: Sam Bankman-Fried bought his 7.6% stake in Robinhood with funds borrowed from Alameda in April and May, he admitted in an Antigua court affidavit shortly before he was arrested

storage.courtlistener.com/recap/gov.usco… The circularity here is incredible.

Before FTX collapsed, SBF used these same Robinhood shares -- bought with money borrowed from Alameda, we now know -- as collateral for Alameda's own borrowings from other lenders😵‍💫

ft.com/content/1719e1…
Nov 22, 2022 • 32 tweets • 6 min read
FTX first day bankruptcy hearing about to begin. Will be tweeting bits but this thread won't be comprehensive.

Agenda here: pacer-documents.s3.amazonaws.com/33/188450/0420… Over 500 people have dialled in to the Zoom call
Nov 17, 2022 • 17 tweets • 7 min read
THE FTX FIRST DAY DECLARATION

New CEO John Ray is scathing about Sam Bankman-Fried's management.

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information."

pacer-documents.s3.amazonaws.com/33/188450/0420… Image SBF to be investigated in the course of the bankruptcy

pacer-documents.s3.amazonaws.com/33/188450/0421… Image
Nov 16, 2022 • 6 tweets • 3 min read
This DM interview with Sam Bankman-Fried is truly, truly -- truly -- wild SBF says the reason $8bn went missing is that all the money going to FTX used to get routed via Alameda...

... and he forgot that "stub" account existed

vox.com/future-perfect… Image
Nov 12, 2022 • 7 tweets • 4 min read
🚨 EXCLUSIVE: Inside FTX's shattered balance sheet

w/ @AntoineGara and @joshckoliver

ft.com/content/f05fe9… Documents exclusively obtained by the Financial Times show that as of Thursday, FTX Trading (the international exchange), had:

- $9bn of liabilities
- Just $900mn of "liquid" assets
- Another $8.7bn of thinly traded crypto and illiquid VC bets

ft.com/content/f05fe9…
Nov 11, 2022 • 4 tweets • 3 min read
Sam Bankman-Fried's business empire has $5.4bn of illiquid venture capital investments *on paper*, a fifth of which is a single bitcoin mining business. It includes exposure to Elon Musk's SpaceX and Boring Company.

SCOOP w/ @joshckoliver

ft.com/content/db415a… The question now that FTX, FTX US and Alameda are in bankruptcy is what value can be recovered from that sprawling portfolio -- spanning almost 500 different crypto companies and venture capital funds

ft.com/content/db415a…
Nov 11, 2022 • 14 tweets • 5 min read
FTX FILES FOR CHAPTER 11, SAM BANKMAN-FRIED IS OUT
Nov 5, 2020 • 15 tweets • 3 min read
Hearing in this case kicking off now:

Judge Paul Diamond to the Trump campaign lawyer:

Diamond: Are your observers in the counting room?
Trump campaign: "There's a non zero number of people in the room"