SBF Replies To Twitter User Regarding Recovery
January 12, 2023
Story: Divya Sinha
A Twitter user wrote that the sale of the FTX exchange as a going concern is viable. Further, he wrote, “Bullish on recovery imo”.
Sam Bankman-Fried, former CEO of FTX responded to his tweet.
Learn more SBF wrote that according to his sense “is and always has been the best recovery scenario for the customers”. He added to it by saying that he thinks that them being made substantially whole is a “real possibility”. Furthermore, he thinks they were possibly a few weeks away from getting there in November. Recent reports show FTX is said to have recovered $5 billion in cash and liquid cryptocurrencies. As per previous reports, FTX’s New CEO John J. Ray III and his advisers have combed through the company's books for cash, cryptocurrencies, and assets that could be sold to pay back creditors Read More Stories
