Let’s compare the above capture to recent statements.
100% Liquid and 100% Bankrupt
20) At some point I might have more to say about a particular sparring partner, so to speak.
But you know, glass houses. So for now, all I’ll say is:
well played; you won.
— SBF (@SBF_FTX) November 10, 2022
Here is a fascinating development.
“FTX US, the US based exchange that accepts Americans, was not financially impacted by this sh*tsh*w. It’s 100% liquid. Every user could fully withdraw (modulo gas fees etc). Updates on its future coming.“
FTX US is 100% liquid and 100% bankrupt.
From a “100% liquid” value of $60 billion to something perhaps something closer to $0 in a day. Fascinating.
Liquidity Hope Coming
We hope this is just step one: beginning to find ways to bring liquidity to users.
That is the core thing that I am fighting for right now, and will continue to fight for in whatever ways I can. https://t.co/pzTJBsytVS
— SBF (@SBF_FTX) November 10, 2022
Note that SBF did not promise liquidity he only announced hope. It’s irrelevant because hope and promises are both lies.
An Illegal boost to TRX, BTT, JST, SUN, and HT?
before taking any actions. If you have any questions, don’t hesitate to reach out through support channels or our official telegram channel: https://t.co/ITg4HscZAq
— FTX (@FTX_Official) November 10, 2022
Big Boost to TRX?
Their legal and compliance team quit already
— Jürgen Heikamp (@kryptosmurf) November 10, 2022
I do not see that spike in Tron. Am I looking at the wrong thing?
Tron Ready to Aid FTX
— Watcher.Guru (@WatcherGuru) November 11, 2022
Math Doesn’t Add Up
Justin Sun’s entire net worth is 3 billion. FTX is 8 billion in the hole. Math doesn’t add up.
— Matt Wallace (@MattWallace888) November 11, 2022
I have a suggestion: Get the F out of Tron
What About FTX Arena?
I am sure this is the #1 thing on everyone’s mind. So I am here to help.
You will be pleased to note Miami-Dade Looks at ‘Possible Next Steps’ for FTX Arena Naming Rights Deal.
“Miami-Dade County officials who negotiated a 19-year, $135 million contract hinted at legal action.”
Yeah, let’s take legal action against a company worth negative $8 billion.
From the Bankrupt Billionaire
— 枪十七 (🔫 , 📅) (@0xjuu_17) November 10, 2022
“These are companies that are basically too far gone”
Gee, thanks for such timely wisdom.
Q&A of the Day
FTX Announcement Regarding the Tron Credit Facility:
We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets.
— FTX (@FTX_Official) November 10, 2022
Why would it matter?
— Mike “Mish” Shedlock (@MishGEA) November 11, 2022
Note: Nothing these liars say will matter. Another guru went to guru heaven.
Stairway to Heaven
Should those faces be at the lower end of the picture with flames instead of clouds and rays?🤔
— Tha PROFIT (@ThaPROFIT3) November 11, 2022
I just happen to have a musical tribute.
The Crypto Casino Fails, FTX Files for Bankruptcy $8 Billion in the Hole
In case you missed it, please see my previous post The Crypto Casino Fails, FTX Files for Bankruptcy $8 Billion in the Hole
Get Out Now!
If you had money in FTX and failed to get it out before the company halted withdrawals, then consider it gone.
More importantly, if you have assets in any of the remaining crypto exchanges, it’s better to be safe than sorry. Get out now!
This post originated at MishTalk.Com.
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