FTT Price SBF Claim Ftix Exchange Rate Never Change
San Bankman-fried and his team continued to defend themselves. SBF posted a long document on the X account on Thursday because the exchange (penalty) was able to handle the exchange improperly. EFT is decorated with 2% reinforcement from the dips.
The X account is currently planted by Same Bankman – a trusted friend, who has revived the Cryptocrapy market circulating with a post asking that the company is not a firm.
The 15-page document said that until the external advice of the exchange was controlled, it was faced with a liquidity crisis that would take “the fear of the month to be solved”. stated-
Even if the lawyers filed for bankruptcy, they could never ftx.
[SBF says:]
This is where the money went. pic.totter comp.com/o6qs77DVMN
— SBF (@sbf_ftx October 31,
The exchange wrote the document after the fear of fraud and billions of customer money was made to cheat and invest in the wrong customer money.
FTX “sudden shortage of cash” FTX insists to increase liquidity.
Meanwhile, since the FTX Desaace, the exchange that has been left without a strong utility mirror is the native token.
FTT gained more than 2% daily to reach $0.8473.
It has increased by more than 25 percent, which shows the trend of roasting.
For context, the global crypto market capitalization has reached $3.7 trillion in the last 24 hours.
FTX had enough money at the time of the call
As the document expires in 2022, the cryptocurrency and its sister company, with the amount of obligations of more than $ 25 billion and more than $ 16 billion, disputed the premises worth more than $ 16 billion.
That is a net worth of about 28 billion dollars. He added
In times of crisis, asset prices and (in favor of) equity took a temporary substitute, but even in times of crisis, one would have neglected equity.
SBF and the group have revenues of approximately 136 billion dollars, but the lawyers have not recovered.
That's a $7.6 billion investment in Romain Brokers, a $14.3 billion investment in AI startup Anthropic, among other assets.
Community response
However, Cryptocupencuy G enthusiasm and online investigators do not buy SBF's claims.
Some believe that these are desperate attempts to preserve forgiveness after the decline of the same activity in Kasi, similar to Binas lands.
Meanwhile, some have asked why FTX is leaving if they have enough money for creditors.
one of <ፕሮግረስ> And the X user, Hannon, used the event that happened when they hit $1 billion:
A lot of cooperation after some huge competition, and they are all here.
FTT price view
The local representatives of FTX received more than 2% in these developments.
It is hovering at $0.8473, highlighting trades that lack enthusiasm.
However, recovery from FTT can be short-lived.
Weighing in on the digital token is widespread market weakness and negative community reaction.
