2min chapter

Dwarkesh Podcast cover image

Brett Harrison - FTX US Former President & HFT Veteran Speaks Out

Dwarkesh Podcast

CHAPTER

What's Your Understanding of the Solvency of FTX Us History?

In the aftermath spf has been saying that ftx us is fully solvent they wanted to start processing withdrawals he had a sub-static recently in january where he said that it had 400 million dollars more in assets and liabilities. It's very difficult to understand what is going on i mean first the level of deception that was you know created by this inner circle of sam's, reported through various complaints and indictments from doj. They were doing things to intentionally manipulate internal records in order to fool like the employees and auditors and investors so everything's out the window at that point. And then secondly it sounded like in the week prior to the bankruptcy there was this like flurry of intercompany

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