WebsCrypto
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
Facebook Twitter LinkedIn Telegram
WebsCryptoWebsCrypto
ADVERTISE
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
WebsCrypto
Business

EX-FTX Executive Disclosed Financial Data: $8.8 Billion in Debt, $7.9 Billion in Liquidity Gap

By Simon LawsonNovember 11, 20221 Min Read
EX-FTX Executive Disclosed Financial Data: $8.8 Billion in Debt, $7.9 Billion in Liquidity Gap
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Zane Tackett, the former head of institutional sales at FTX, said for the first time since being fired that I obviously have a voice in this matter, but I am interested in hearing what others think.

At present, FTX has two options: the first is bankruptcy, and the second is Token. And disclosed the financial data he saw: Liabilities (user assets): $8.8 billion, liquid assets (USD/JPY/DAI): $900 million, less liquid assets (GBTC/ETHE/SOL): 20.37 USD 100 million, temporarily illiquid assets (long-term equity investment): USD 3.2 billion, liquidity gap: USD 7.9 billion, illiquidity gap: USD 2.66 billion.

Additionally, Zane Tackett said I’ve spoken to some of our big clients over the past few days and they’ve expressed interest in exploring a token model to address shortages, saying it’s preferred over any bankruptcy proceeding.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Business Crypto Cryptocurrency FTX
Related News

US Government Seizes $5.6 Billion Worth of Bitcoin in Three High-Profile Cases

CFTC Defines Bitcoin, Ethereum and Litecoin as Commodities, Not Securities

Balmain Launches Limited Edition NFT Series Unicorn Phygit Wearable Collection

Why Is the CFTC Suing Binance?

Venezuelan Regulators Shut Down Cryptocurrency Exchanges, Mining Farms

Dogecoin Foundation Releases Major Update to Libdogecoin Toolkit, Supports BIP-39 Seeds and QR Code Generation

The Latest
Markets March 28, 2023
US Government Seizes $5.6 Billion Worth of Bitcoin in Three High-Profile Cases
Markets March 28, 2023
CFTC Defines Bitcoin, Ethereum and Litecoin as Commodities, Not Securities
Business March 28, 2023
Balmain Launches Limited Edition NFT Series Unicorn Phygit Wearable Collection
News March 28, 2023
Timothy Peterson Claims 6 Million Bitcoins Are Lost Forever
Opinions March 28, 2023
Why Is the CFTC Suing Binance?
Block 3000

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter LinkedIn Telegram RSS
Categories
  • News
  • Markets
  • Business
  • Markets
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Tags
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Regulation
  • Policy
About
  • About Us
  • Contact Us
  • Advertise
  • Crypto Prices
  • Privacy Policy
  • Terms of Service
© 2023 WebsCrypto.

Type above and press Enter to search. Press Esc to cancel.