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TheBlock 2022-11-13 00:30:18

Analysis of FTX’s Balance Sheet

Quick Take Financial Times published a leaked FTX balance sheet dated Thursday, November 10, 2022 ~$900mm liquid assets to ~$8,860mm liabilities, a ~9.85x dislocation contrary to disgraced former CEO Sam Bankman-Fried’s tweets earlier this week Pro forma liquid assets adjusted for Robinhood stake and Friday evening’s attack would reflect a sub 1 cent recovery, excluding less liquid and illiquid assets Latest development in FTX”s ongoing fraud and subsequent bankruptcy investigation

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