Post
Topic
Board Speculation
Re: FTX recovered $7.3B in Assets and is considering restarting!
by
Lucius
on 18/04/2023, 11:06:54 UTC
~snip~
Speaking of, I've never managed to get any info on how many BTC were there, all news all report lump the sum in one, I'm really curious about this, wonder if it's at least 20% BTC and less than 80% shitcoins.

It's obviously a secret and they keep it for a reason, but I have no doubt that you're probably right that the ratio is somewhere around 20 to 80 in favor of altoshitocoins. Realistically, that whole FTX was one big shitcoins factory that literally fell apart when the price of BTC went towards $20k, and the token around which everything revolved became almost worthless.

When you have a CEO like Bankman on top of all that, there is only one possible outcome, and that's exactly what happened. Now we watch the classic Saving Private Ryan.