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38 thoughts on “As a lot as $2 billion in FTX prospects’ funds has reportedly vanished”

  1. That’s what happens when you hand your money to a 20 something year old “financial genius” and his pals. He’s a nice guy cause he drives a Corolla and is very generous with other people’s money. The first time I saw a video of this baby nut sounding ass clown I knew something was off.

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  2. The sick mindset is that $2B to these guys is like $2K for us. He thinks it’s not a big deal when in fact that kinda bread can make a lot of upside down investments whole.

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  3. tldr; At least $1 billion in FTX customers’ funds have vanished from the collapsed crypto exchange, Reuters has reported, citing two people familiar with the matter. The exchange’s founder and former CEO Sam Bankman-Fried quietly transferred $10 billion of customer funds from FTX to its sister trading company Alameda Research, and now a big chunk of that total is missing, the report added.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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  4. I’m pretty sure it’s alot more than that. They can’t even distinguish between company assets and user funds, but then they company don’t got any assets anyhow with a 9B hole in the balance sheet.

    That $2B is much much closer to the full $9B debt they have.

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  5. Nobody panic. I have the 2 billion. I’m just keeping it safe in my multi-sig cold wallet. I’ve temporarily given the wallet to Do Kwon for safe keeping. Once this whole mess blows over, I’ll start returning the 4 billion. Again, don’t panic. I’m not running. Everything is fine. The 12 billion is safe. Sorry for all the confusion. It was an honest mistake.

    Love,

    Sam

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