Temasek & SoftBank's FTX has a shortfall of US$8 billion, was seeking emergency liquidity, and that without more capital, bankruptcy is likely.

[Byebye Penis]

Sam Bankman-Fried told investors today that FTX has a shortfall of $8 billion, was seeking emergency liquidity, and that without more capital, bankruptcy is likely.

https://www.wsj.com/livecoverage/st...and-the-binance-ftx-deal-0Kjm4xFCLrcwyO5i3Xjj

 

[Byebye Penis]

 

[Byebye Penis]

FTX has a suite of big-name investors – including Temasek, SoftBank, Sequoia Capital, and BlackRock – that have poured US$1.8 billion into the exchange. Temasek funding helped fuel FTX’s Series B and C rounds.
https://www.techinasia.com/ftx-collapse-big-deal

 

[Byebye Penis]

Lehmen moment for cryptos

 

[Byebye Penis]

US$6 billion run road

 

[Byebye Penis]

massive withdrawals and now withdrawals halted
https://www.reuters.com/business/fi...drawals-72-hours-ceo-message-staff-2022-11-08

 

[mahjongking]

why prison? any scam above 10 million, bullet to the head. all big scams will disappear very quickly

 

[Byebye Penis]

why prison? any scam above 10 million, bullet to the head. all big scams will disappear very quickly

hyflux is 200 x US$10 million.

 

[mahjongking]

hyflux is 200 x US$10 million.

you got a point....well, life is unfair but life goes on....karma will find these fuckers i hope

 

[Byebye Penis]

you got a point....well, life is unfair but life goes on....karma will find these fuckers i hope

I lost my life savings. Karma to the regulators and DBS for misrepresentation too.

 

[laksaboy]

I lost my life savings. Karma to the regulators and DBS for misrepresentation too.

There is no oversight in a totalitarian shithole. The 'regulators' are part of the problem too.

 

[Merl Haggard]

No wonder last night Softbank's Grab & WeWork plunged 10% at Wall Street.

 

[congo9]

Use your money to buy into Tbill.

 

[Loofydralb]

Mdm Whore does it again!
It's amazing she can fail and fail again, without fail!

 

[BigBlackCock]

 

[winners]

I lost my life savings. Karma to the regulators and DBS for misrepresentation too.

That's serious. You got scammed by the Hyflux Bonds?

 

[poore]

good riddance

 

[Byebye Penis]

crypto owners moving to offline wallets, more crypto exchanges to collapse
https://www.bloomberg.com/news/arti...counts-and-worried-funds-are-gone?srnd=wealth

 

[Byebye Penis]

FTX Assets Frozen By Bahamas Regulator, Liquidator Appointed, Arrest Rumored​

 

[Byebye Penis]

JPMorgan Warns FTX Collapse Will Spark "Cascade Of Margin Calls"​

https://www.wsj.com/livecoverage/st...-in-crypto-jpmorgan-says-rOKmaq4cqi8TASMXTZFC