FTX'in Teminatı 9 Milyar Dolardan 60 Milyar Dolara Düştü

On Tuesday, November 22, in a letter to staff, FTX founder Sam Bankman-Fried outlined a $51 billion crash in the company’s collateral which has dropped to $9 billion from $60 billion.

In his letter obtained by Bloomberg, SBF wrote that a combination of sell-offs in cryptocurrencies, a credit squeeze, and a “run on the bank” left the collateral at only $9 billion ahead of the company’s filing for Chapter 11 bankruptcy.

The estimated liabilities by then had reached $8 billion. The fall in the value of FTX’s crypto assets alone halved the collateral to $30 billion. In a mesaj to employees, FTX chief Sam Bankman-Fried wrote:

“Bunların hiçbirinin olmasını istemedim ve geri dönüp her şeyi yeniden yapabilmek için her şeyi verirdim. Marj pozisyonunun tam kapsamını ya da hiper-korelasyonlu bir çöküşün yarattığı riskin büyüklüğünü fark etmedim”.

The bankruptcy proceedings so far have revealed some of the chaotic organizational practices at FTX with deep-rooted problems. The proceedings reveal lax documentation and financial controls. It also shows payment requests approved with just emojis in chatrooms.

Additionally, the company used its funds to buy homes and other personal items for employees and advisers. As per some reports, SBF’s parents and some senior staff at FTX purchased properties worth a staggering $300 million in the Bahamas. Besides, speculations are also ripe that Sam Bankman-Fried has been behind 600 milyon dolarlık hack kripto borsası FTX'in

Sequoia Apologizes to Investors for FTX

As we know venture capital giant Sequoia Capital was one of the biggest investors in FTX. However, as the crisis unfolds, top partners at the VC firm apologized to investors during a conference call on Tuesday, November 22.

In the call, Roelof Botha, the firm’s global leader, said that he and his colleagues repent for backing the company. Sequoia Capital had invested a total of $214 million in FTX.com and FTX.us across two funds.

Bhushan bir FinTech meraklısıdır ve finansal piyasaları anlama konusunda iyi bir yeteneğe sahiptir. Ekonomi ve finansa olan ilgisi, dikkatini yeni gelişen Blockchain Teknolojisi ve Cryptocurrency pazarlarına çekiyor. Sürekli bir öğrenme sürecindedir ve edindiği bilgileri paylaşarak kendini motive eder. Boş zamanlarında gerilim kurgu romanlarını okur ve bazen mutfak becerilerini keşfeder.

Sunulan içerik yazarın kişisel görüşünü içerebilir ve piyasa koşullarına tabidir. Kripto para birimlerine yatırım yapmadan önce pazar araştırmanızı yapın. Yazar veya yayın, kişisel mali kaybınızdan sorumlu değildir.

Source: https://coingape.com/ftx-reports-51-billion-crash-in-collateral-sequoia-apologises-investors/