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Sam Bankman-Fried deletes his declare that FTX buyer funds are protected

Newsican Admin by Newsican Admin
November 9, 2022
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Sam Bankman-Fried deletes his declare that FTX buyer funds are protected
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Roughly a day earlier than the collapse of his crypto alternate FTX, Sam Bankman-Fried informed his Twitter neighborhood that the whole lot was nice and buyer property have been protected.

“FTX has enough to cover all client holdings. We don’t invest client assets (even in Treasuries),” he wrote on Monday, including his firm was redeeming cash credited to folks’s buying and selling accounts for anybody that wished to drag out. 

Don’t concern, in different phrases, your cash is safe. Not a lot as a cent has been…



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