WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Facebook X (Twitter) LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Bitcoin (BTC) $26,382.07 0.42%Ethereum (ETH) $1,606.43 0.81%BNB (BNB) $212.15 0.19%XRP (XRP) $0.499613 0.47%Cardano (ADA) $0.244614 0.26%Solana (SOL) $19.32 1.28%Dogecoin (DOGE) $0.060671 0.10%Polkadot (DOT) $4.00 0.17%Shiba Inu (SHIB) $0.000007 0.38%Dai (DAI) $0.999636 0.05%TRON (TRX) $0.085483 0.47%Polygon (MATIC) $0.508027 0.40%Avalanche (AVAX) $8.97 1.01%Uniswap (UNI) $4.27 0.70%Litecoin (LTC) $63.51 0.57%
Crypto Prices
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.

Advertisements

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.
DAI FTX Investment SEC
Simon Lawson
  • X (Twitter)

Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

Recommended Reading

News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

News September 27, 2023

Federal Reserve Report Explores Financial Stability Implications of Tokenized Assets, Citing Growth and Interconnectivity Concerns

Business September 27, 2023

Grayscale Faces Fee War in US Bitcoin ETF Race

Markets September 25, 2023

Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn

Markets September 25, 2023

NFT Market Faces Significant Decline Amidst Broader Crypto Challenges

Business September 24, 2023

Crypto Companies Shift Focus Outside the U.S. Amid Regulatory Pressures

The Latest
News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

News September 27, 2023

Federal Reserve Report Explores Financial Stability Implications of Tokenized Assets, Citing Growth and Interconnectivity Concerns

Business September 27, 2023

Grayscale Faces Fee War in US Bitcoin ETF Race

Markets September 25, 2023

Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn

Markets September 25, 2023

NFT Market Faces Significant Decline Amidst Broader Crypto Challenges

EDITOR’S CHOICE
Ether (ETH) Prices are Trading at 27% Discount to Fair Value, New Research Shows
Robert Kiyosaki: Cryptocurrency is the Future, Fiat Money is on the Decline
Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn
Crypto Companies Shift Focus Outside the U.S. Amid Regulatory Pressures
News
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Markets
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Price Indexes
  • Market Cap
  • Bitcoin Price
  • Ethereum Price
  • Cardano Price
  • Solana Price
  • Polkadot Price
  • Polygon Price
Services
  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Service
WebsCrypto
X (Twitter) Facebook Telegram LinkedIn RSS
© 2023 WebsCrypto

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