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.
