stop lying sam. you know the balance sheet you showed me of our assets after you stopped withdrawals was not near enough to meet the obligations. and we had ran entirely out of certain crypto assets, which would mean every single user had to have lent out 100% of their balance in that asset, but we know that wasn’t the case so that’s false (otherwise we would still be custodying their non lent out balance). also the reported spot margin market was only 2.5bn at the time of the blowup. so how was the hole 8bn from a 2.5bn margin market?
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





