Sublime
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This is Alameda & FTX’s portfolio.
The fallout from their collapse will be acute. https://t.co/GdXt25fxkN
This is a massive loss. It's unclear how this will be settled in between xUSD/xBTC/xETH holders and lenders against these tokens, so let’s go over all stablecoins/vaults that have (in)direct exposure to Stream.
Best we can tell, these stablecoins have indirect exposure:
Elixir’s deUSD:
Elixir... See more
YAM 🌱x.com
Che @arbitrum dejar de aclarar que oscureces
Le dieron 40M de tokens a un actor de los mercados financieros, pero no dicen su nombre 🤡
Odio que traten de estupida a la gente 😡 https://t.co/elAq4VCHrZ
To be fully transparent about this and stop doing ritual dances with journalists and counterparties:
Wintermute FTX holdings: 55M
Wintermute Net Equity assuming FTX recovery is zero: 400M
Of which fiat&stables: 350M (difference is venture book and BTC/ETH)
Debt to equity: 2.3
wishful_cynicx.comThe TLDR of the FTX grift was as follows:
Sam/Gary Wang both own Alameda and FTX. Alameda trades, FTX is an exchange. Alameda also trades on FTX.
All user accounts should be treated the same.
In 2019, Gary Wang adds a function to the ALAMEDA accounts on FTX... See more
Autism Capital 🧩x.com
FTX debtors sue to recover $700m from K5, Olympus and related entities
Details of the lawsuit are damning and include what I have posted previously
Anyone that took FTX VC money should have known where the money was coming from https://t.co/ysI1fBQ7La
JUST IN: FTX owes money to Apple, Binance, Coinbase, Netflix, Southwest Airlines, and others, filing shows.
Watcher.Gurux.com