BTCUSDT In his latest interview, SBF said that he had begun privately donating to the Republican Party in mid-to-late 2022, and the amount was about the same as that to the Democratic Party. SBF said he was not sure if he could hold on, suggesting that the suicide rate in prison was about three times higher than normal. He also said that the US Department of Justice threatened Ryan Salem's pregnant wife. SBF said that if it had not gone bankrupt, FTX would now have about $15 billion in liabilities and about $93 billion in assets. They (the bankruptcy planners) siphoned off tens of billions of dollars worth of funds.
BTCUSDT SBF said in a recent interview that FTX has never gone bankrupt. This was a liquidity crisis, not an insolvency problem. They had enough assets to repay all customers at the time. The problem is that the liquidity crisis caused market panic and made it impossible to quickly cash out funds.
BTCUSDT FTX has sent emails to creditors with less than $50,000 to inform them of the initial allocation of funds. FTX has transferred the first batch of funds to these allocation service providers. However, creditors with less than $50,000 still have about $345 million in claims that have not completed KYC certification.
BTCUSDT FTX officially announced that the bankruptcy plan has officially come into effect today (January 3, local time). The same day is also the first distribution registration date for holders of approved claims in the Convenience Classes. The registration and payment dates for other categories of claims will be notified separately.
BTCUSDT Do Kwon, co-founder of Terraform Labs, indicted on charges of conspiracy, fraud, money laundering, and market manipulation, faces up to 130 years in prison if convicted
BTCUSDT In response to speculation on X that SBF, the founder of FTX, might receive an early pardon from President Biden, Elon Musk responded: “I will be shocked if this doesn’t happen.” But on the Polymarket, the probability of Biden pardoning SBF is only about 5%.
BTCUSDT In his latest interview, SBF said that he had begun privately donating to the Republican Party in mid-to-late 2022, and the amount was about the same as that to the Democratic Party. SBF said he was not sure if he could hold on, suggesting that the suicide rate in prison was about three times higher than normal. He also said that the US Department of Justice threatened Ryan Salem's pregnant wife. SBF said that if it had not gone bankrupt, FTX would now have about $15 billion in liabilities and about $93 billion in assets. They (the bankruptcy planners) siphoned off tens of billions of dollars worth of funds.
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