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by shockeychap 1273 days ago
I had originally heard it during the congressional testimony, but given that it's over three hours long, I don't know exactly where.

The gist of what was said, is that a lawmaker cited something about FTX.US being "98% solvent" and asked John for confirmation of this. John stated that he couldn't give any figures at the moment, but there was generally truth to the statement that U.S. customers would be hurt less than others.

Here's an article that touches on it.

https://www.bloomberg.com/news/articles/2022-12-13/ftx-s-us-...