Analysis of FTX's Balance Sheet

November 12, 2022, 7:30PM EST

• 2 min read

Quick Take

Financial Times publishes leaked FTX balance sheet dated to Thursday, November 10, 2022
~$900mm liquid assets to ~$8,860mm liabilities, a ~9.85x dislocation contrary to disgraced former CEO Sam Bankman-Fried’s tweets earlier this week
Pro forma liquid assets adjusted for Robinhood stake and Friday evening’s attack would reflect a sub 1 cent recovery, excluding less liquid and illiquid assets
Latest development in FTX”s ongoing fraud and subsequent bankruptcy investigation

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Source: https://www.theblockresearch.com/analysis-of-ftxs-balance-sheet-186404?utm_source=rss&utm_medium=rss