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by lowkeyoptimist
807 days ago
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That billions of stuff were other coins that dropped in value which they were using to run their scheme and investments that are still illiquid, like their 500 million dollar investment in Anthropic. I can only imagine what that Anthropic investment is worth today. https://d1e00ek4ebabms.cloudfront.net/production/7ab64a3b-6c... This is even from the article you reference:
"FTX has benefited from a recent rise in crypto prices, Dietderich said. Its total recovery would be valued at $6.2 billion based on crypto prices from November 2022, when it filed for bankruptcy after traders pulled $6 billion from the platform in three days and rival exchange Binance abandoned a rescue deal." |
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