Other significant assets on the balance sheet include $3.37 billion of “crypto held” and large amounts of the Solana blockchain’s native token: $292 million of “unlocked SOL,” $863 million of “locked SOL” and $41 million of “SOL collateral.” Bankman-Fried was an early investor in Solana. Other tokens mentioned by name are SRM , MAPS, OXY and FIDA. There is also $134 million of cash and equivalents and a $2 billion “investment in equity securities.
Also, token values may be low. In a footnote, Alameda says “locked tokens conservatively treated at 50% of fair value marked to FTX/USD order book.” Owners of the FTT token get discounts on FTX trading fees, increased commissions on referrals and earn rewards. The value of FTT is maintained by FTX’s rolling program of buying back and burning tokens, a process that eats up a third of the exchange’s trading commissions, which will continue until half of all tokens are burned,
IanAllison123 SBF_FTX People before Ian could withdraw money from FTX. The crypto market wasn’t having a crisis of confidence. In no way whatsoever did Ian’s post create good in this world. It’s destroyed lives. Good job(?).
IanAllison123 SBF_FTX GenesisTrading and parent DCGco going to reevaluate the merit of the leak and reporting of Alameda bal sheet which kicked off the avalanche meltdown or domino of ftx and now dcg...
IanAllison123 SBF_FTX CoinDesk leak mentioned in this vid 🤓
IanAllison123 SBF_FTX that story is about to bankrupt YOU
IanAllison123 FTX_Official binance Very impressive scoop.
IanAllison123 FTX_Official binance Nice 👍
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IanAllison123 FTX_Official binance
IanAllison123 FTX_Official binance Good catch, IanAllison123
IanAllison123 FTX_Official binance
IanAllison123 FTX_Official binance Does nlw still doing the breakdown? Is he still working for FTX? Is it now a conflict of interest?
IanAllison123 FTX_Official binance Holly cow 👀
IanAllison123 FTX_Official binance Adios SBF!
IanAllison123 FTX_Official binance It's a pity
SBF_FTX FTX_Official Bradley over at growscoin channel on Youtube just put out a video that he could not withdraw today. Not good!
SBF_FTX FTX_Official I never thought I would say this but I can't wait to see what Bitboy_Crypto has to say about this 🤣
SBF_FTX FTX_Official
SBF_FTX FTX_Official scam scam scam 🤢😷🤮🤮
SBF_FTX FTX_Official 557r262 antcard 557r262 beetlecard
SBF_FTX FTX_Official LUNA is the best example of FTX, hold FTT and run for your life! keep the purse
SBF_FTX FTX_Official Be very careful of the $APT coin, I swear it will go down again to $3 ⛔️❌📛📛🔻🔻
SBF_FTX FTX_Official its good to detach from the sins of the past
SBF_FTX FTX_Official How will this affect the whole market?