SBF admits Alameda has $65 billion credit line in FTX
SBF stated in court on Monday that Alameda has a credit limit of $65 billion on FTX, while the second-highest customer has a credit limit of $150 million. In addition, US Assistant Prosecutor Danielle Sassoon asked: Does Alameda have more than $64 billion in credit limit than any other customer? SBF replied: Yes. The judge asked again: Has Alameda been allowed to exceed FTX's normal borrowing limit since the early days of FTX? SBF replied: I'm not sure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Synthetic Bitcoins Released on TON Network
In the latest update, the developers Telegram added ads in bots
Russian Crypto Services Conquer Market Thanks to Sanctions