SBF regrets filing for bankruptcy, FTX users expect to get 25% of their funds back

11/30 03:40

FTX founder SBF said in an interview with Tiffany Fong that he regretted starting bankruptcy proceedings. Had no bankruptcy been filed, all users would have been intact and FTX would be able to resume withdrawals soon. Eight minutes after signing the bankruptcy proceedings, there was a replenishment of $4 billion in liquidity. FTX US users can expect to get 100% of their money back, and FTX users can expect to get 25% of their money back. FTX US has always been 100% reserved, even if hackers stole 250 million US dollars, it has sufficient reserves. Regarding the hacker who stole $400 million from FTX, SBF stated that "it was a former employee or someone installed malware on the former employee's computer."
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