the most modern message from former FTX chief authorities Sam Bankman-Fried left onlookers puzzled and alarmed after the swift decline into chapter eleven for the cryptocurrency alternate he based.
In successive tweets, Bankman-Fried merely acknowledged, “What,” adopted by the capital letter H.
Bankman-Fried has been an lively tweeter all by way of FTX’s demise, earlier having written that he was “shocked to see issues unravel the method whereby they did.”
Twitter and Tesla CEO Elon Musk, who’s additionally having some difficulties, tweeted with fireplace emojis to an try at a translation of the cryptic tweet.
Musk additionally tweeted his amusement on the declare that Bankman-Fried performed a League of Legends sport — the similar sport the supervisor infamously was having fun with when the enterprise capital agency Sequoia invested in FTX.
whereas the broader social-media sentiment was a want for him to be jailed, there additionally was concern for his well being.
FTX has filed for Chapter eleven chapter safety, and over the weekend there additionally seems to have been a hack of buyer funds. The securities regulator in FTX’s headquarters of Bahamas in the meantime acknowledged it had not requested the prioritization for withdrawals of funds for Bahamian prospects.
Reuters reported the allegation Bankman-Fried had a “again door” that allowed him to masks the swap of buyer funds to his Alameda hedge fund, which Bankman-Fried instructed the information agency was simply “complicated inside labeling.”
0 Comments